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Home News Japan

Japan ready to take action vs excessive yen volatility, says finance minister — TradingView News

NEWSROOM by NEWSROOM
April 2, 2024
in Japan
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Japanese Finance Minister Shunichi Suzuki said on Tuesday that authorities were ready to take appropriate action against excessive currency market volatility, without ruling out any options.

“We are carefully watching daily market moves,” Suzuki told a news conference after a regular cabinet meeting, when asked about the yen’s continued declines.

“We are watching currency moves with a strong sense of urgency,” he said.

The yen USDJPY has been on a downtrend despite the Bank of Japan’s decision on March 19 to end eight years of negative interest rates, and hit a 34-year low against the dollar…



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