Closely watching FX moves with sense of urgency

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Closely watching FX moves with sense of urgency

The recent decline in the yen seems to be creating some discomfort amongst the Japanese officials, finally, as the country’s Depu

The recent decline in the yen seems to be creating some discomfort amongst the Japanese officials, finally, as the country’s Deputy Chief Cabinet Secretary says that they are “closely watching FX moves with a sense of urgency.”

Additional quotes

No comment on FX levels.

FX stability is important.

Excess FX volatility, disorderly FX movements could have an adverse effect on the economy and financial stability.

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