Japan Finance Minister Suzuki with some verbal intervention to prop up the yen

  • Japan's fin min says he'll take necessary steps to prevent excessive FX volatility

Japan finance minister Suzuki:

  • Important for currencies to move in stable manner reflecting fundamentals
  • Excessive forex moves undesirable
  • Will continue to take all possible steps on FX moves
  • Aware that there are pros and cons with a weak yen
  • Won't comment on FX levels
suzuki 29 September 2023

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