Japanese Finance Minister Shunichi Suzuki: Will not rule out the possibility of introducing all options to deal with exchange rate fluctuations

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On Friday, Japanese Finance Minister Shunichi Suzuki made some verbal intervention in currency markets, reiterating that they “will not rule out the possibility of launching all options to deal with currency fluctuations.

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“Rapid fluctuations in exchange rates are inappropriate.”

It is very important for foreign exchange trends to stabilize and reflect fundamentals.

Market Reaction

USD/JPY has been under pressure during Asian trading on Friday and is currently down 0.13% at 147.10.