Forex
globalreutersMay 3, 20241 Mins read
Japan finance minister Suzuki: Rapid currency moves are undesirable.
globalreutersMay 3, 20241 Mins read Japan finance Minister Suzuki is on the wires saying:
- Forex levels should reflect economic fundamentals
- if currency moves are excessive, we may need to smooth them
- Desirable for FX to move stably, eye FX volatility undesirable
- Rapid currency moves are undesirable as they would hurt households and companies
- Currency rates are set by market, reflects the fundamentals
This article was written by Greg Michalowski at www.forexlive.com.
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