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

by Ella
jpy

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.”

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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.

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