Japan's top FX diplomat says ready to deal with yen around the clock
TOKYO -Japan's top currency diplomat Masato Kanda said on Tuesday that authorities were ready to deal with foreign exchange matters "24 hours", while declining again to comment on whether the finance ministry had intervened to prop up the yen a day earlier.
Kanda reiterated that the government would continue taking appropriate action when needed and respond to foreign exchange moves in accordance with rules set under international frameworks such as the Group of Seven advanced countries and International Monetary Fund. The Wall Street Journal reported that Japanese financial authorities had intervened in the market, citing people familiar with the matter.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Expects Bank of Japan to Conduct Appropriate Monetary PolicyJapan Chief Cabinet Secretary Yoshimasa Hayashi expects the Bank of Japan (BoJ) to conduct appropriate monetary policy in close cooperation with the government.
Read more »
Japan's March inflation slows to 2.6%, eyes are now on Bank of Japan moveAmir Anvarzadeh of Asymmetric Advisors discusses why he thinks the Bank of Japan needs to abolish it's yield curve control policy and says the zero-interest rate environment has depressed bank lending to small and medium sized companies.
Read more »
Japan’s Suzuki: Government ready to respond appropriately to excessive FX movesJapanese Finance Minister Shunichi Suzuki offered some verbal intervention on Tuesday.
Read more »
Japan ready to take action vs excessive yen volatility, says finance ministerJapan ready to take action vs excessive yen volatility, says finance minister
Read more »
‘Oppenheimer’ finally opens in Japan, the only nation to experience horror of nuclear warJapanese moviegoers finally got a chance to see the Oscar-winning biopic eight months after its worldwide release.
Read more »
Japan's finance minister says 'speculative' moves in currency market impacting yenJapanese Finance Minister warned against speculative currency market moves not reflecting economic fundamentals, repeating concerns over excessive yen declines.
Read more »