Forex
globalreutersMarch 5, 20251 Mins read
Japan fin min Kato says has shared views with US counterpart on FX (ie yen) rates
globalreutersMarch 5, 20251 Mins read Japan finance minister Kato:
-
Have shared views on FX with US counterpart
Have shared views
with US counterpart that FX rates are determined by markets,
excessive volatility negatively impacts economy, financial stability
***
This has been a bit of a saga this week, in order:
- Japan finance minister Kato says Japan is not devaluing the yen
- More background on why Trump threatened Japan and China over currency deprecation
This article was written by Eamonn Sheridan at www.forexlive.com.
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