Japan’s Hayashi: Won't rule out any steps to respond to excessive FX moves
Source Fxstreet
Japan’s Chief Cabinet Secretary Yishimasa Hayashi said on Thursday, he “won't rule out any steps to respond to excessive FX moves.”
Additional quotes
Won't comment on forex levels, currency intervention.
Important for currencies to move in stable manner reflecting fundamentals.
Excessive FX volatility undesirable.
Closely watching FX moves with a high sense of urgency.
Related reads
- Japanese Yen recovers from multi-decade low amid intervention warnings
- Japan’s Top FX Diplomat Kanda prepares to take necessary steps on rapid Yen fall
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