Saturday , 22 February 2025
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Japan fin min Suzuki: Rapid currency moves are undesirable as they would hurt households

  • If currency moves are excessive, we may need to smooth them
  • Desirable for FX to move stably, high FX volatility undesirable
  • Currency rate is stet by markets, reflect fundamentals

If you take this at face value, the implication is that Japan doesn’t mind USD/JPY rising along with fundamentals, they just don’t want it to happen too quickly.

This article was written by Adam Button at www.forexlive.com.

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