More remarks from Suzuki
- won’t comment on forex levels.
- says the weak yen has merits and demerits.
- is concerned about the negative aspect of the weak yen.
- says rapid FX moves are undesirable.
- believes FX stability is favourable.
- is closely watching FX moves with a sense of urgency.
- adds that an ned to the Bank of Japan’s negative interest rate policy will not immediately prompt the government to declare a complete end to deflation
More of the same from Suzuki.
Earlier:
USD/JPY update, the USD is a little stronger across the board in Asia, along with US yields:
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