JAPAN’S SUZUKI: GOVERNMENT READY TO RESPOND APPROPRIATELY TO EXCESSIVE FX MOVES
Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Tuesday. Suzuki said that the Japanese government is ready to respond appropriately to excessive foreign exchange (FX) moves, adding that he will closely watch FX moves with a high sense of urgency.
Key quotes
“Won't comment on current FX moves.”
“Government ready to respond appropriately to excessive FX moves.”
“Closely watching FX moves with a high sense of urgency.”
“Won't rule out any option, will deal appropriately with excessive FX moves.”
“Closely communicated with the US and South Korea in FX when he was in Washington.”
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