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Japan Fin Min Suzuki says closely watching FX move, FX rates should be set by fundamentals

Japan Fin Min Suzuki says closely watching FX move, FX rates should be set by fundamentals

News
Eamonn Sheridan
26/05/2023 | 00:37 GMT

Verbal intervention from Suzuki after the rapid yen decline

Japanese Finance Minister Suzuki comments:

  • closely watching FX moves
  • FX rates should be set by market based on fundamentals

USD/JPY straddling 140 still:

usdyen suzuki Japan intervention 26 May 2023

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