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JAPAN’S TOP FX DIPLOMAT KANDA: NO COMMENT ON WHETHER THERE WAS FX INTERVENTION

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Japan’s top currency diplomat Masato Kanda is back on the wires on Monday, unwilling to comment again on whether there was FX intervention.

Additional comments

“Will continue to take appropriate action against excessive forex moves.”

“Don't have a specific level in mind about appropriate forex level.”

“Speculative, rapid, abnormal FX moves have bad impact on the economy, so unacceptable.”

“Ready to respond 24 hours, 365 days,” when asked whether Japan was ready to take action in the FX market.


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