Japan finance minister Suzuki starts off slow but soon warms up with a pointed remark:
-
Important for currencies to move in stable manner reflecting
fundamentals - Rapid fx moves
undesirable - No comment on fx
intervention - Closely watching fx
moves with a high sense of urgency - Won’t rule out any
steps to respond to disorderly fx moves
More:
- Kanda has not informed me of overseas response to FX moves
This article was written by Eamonn Sheridan at www.forexlive.com. Source