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Ueda says various factors behind FX moves and won’t comment on specific levels

  • Won’t comment specifically on FX levels, moves.
  • Various factors are behind FX moves.
  • FX rates should move stably reflecting fundamentals.
  • Monetary policy is among fundamental factors that affect FX moves.
  • Monetary policy does not explicitly seek to control FX moves.

Below is some prior comments from the governor a bit earlier this morning:

This article was written by Arno V Venter at www.forexlive.com.

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