Japan finance minister Suzuki says rapid FX moves are undesirable
Japan finance minister Suzuki
- Forex fluctuations have both merits and demerits on the Japanese economy
- Will respond appropriately after analyzing impact of forex moves
- Rapid fx moves undesirable
- Important for currencies to move a stable manner, reflecting fundamentals
USD/JPY is up from lows around 139.60 on Monday. It hit above 141.20 earlier in the session here.
Suzuki's cage getting rattled.
