Japan finance minister Suzuki concedes that a weak yen has pros and cons
Friday, 16 February 2024, 02:12
More remarks from Suzuki
- won't comment on forex levels.
- says the weak yen has merits and demerits.
- is concerned about the negative aspect of the weak yen.
- says rapid FX moves are undesirable.
- believes FX stability is favourable.
- is closely watching FX moves with a sense of urgency.
More of the same from Suzuki.
Earlier:
USD/JPY update, the USD is a little stronger across the board in Asia, along with US yields:
This article was written by Eamonn Sheridan at www.forexlive.com.This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.