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Japan finance minister Suzuki says FX stability is important

Japan finance minister Suzuki says FX stability is important

Central Banks
Eamonn Sheridan
31/05/2024 | 00:48 GMT
  • Some verbal intervention

Japan finance minister Suzuki:

  • Higher interest rates could pressure fiscal policy
  • Will work to enhance fiscal health
  • Currency rates should reflect fundamentals
  • Fx stability is important
  • Will respond appropriately to excessive fx moves

USD/JPY lower:

usdyen suzuki intervention 31 May 2024 2

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