From BigGo Finance · BigGo Finance · · 40s
Finance Minister Katayama: Yen Market Tensions Unchanged
Japan's finance minister says foreign exchange market needs high tension monitoring as intervention stance remains unchanged.
In brief
Japan's finance minister says foreign exchange market needs high tension monitoring as intervention stance remains unchanged. Japan's finance minister stated the yen market requires close monitoring due to high tension, with intervention stance unchanged. Originally reported by BigGo Finance.
Finance Minister Katayama
Finance Minister Katayama stated on the 16th that the foreign exchange market needs to be watched with a high level of tension.
“needs to be watched with a high level of tension”
Intervention Stance Unchanged
The previous day, he said the message from the Japan-U.S. coordinated intervention was completely unchanged and would act without hesitation if necessary.
“completely unchanged”
Market Monitoring
With wariness over currency intervention felt in the market, Japanese authorities intend to continue monitoring the market closely.
The key point
Japan's finance minister stated the yen market requires close monitoring due to high tension, with intervention stance unchanged.
