Japan’s Hayashi: Won't rule out any steps to respond to excessive FX moves

Source Fxstreet
Apr 11, 2024 02:57

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.

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