Japan says it is always communicating with other countries in case for FX intervention
Always communicating, coordinating with other countries in case for currency interventionMindful of maintaining safety and securing liquidity in FX reserves managementCan sell assets such as savings and foreign bonds in FX reserves when it is necessary to interveneThis is some form of indirect verbal intervention by Tokyo once again. Since USD/JPY has touched the 150.00 mark, they have been more vocal but any real threat of actual intervention is not likely for now at least. This article was written by Justin Low at www.forexlive.com.
- Always communicating, coordinating with other countries in case for currency intervention
- Mindful of maintaining safety and securing liquidity in FX reserves management
- Can sell assets such as savings and foreign bonds in FX reserves when it is necessary to intervene
This is some form of indirect verbal intervention by Tokyo once again. Since USD/JPY has touched the 150.00 mark, they have been more vocal but any real threat of actual intervention is not likely for now at least.
