Japan to analyse impact of stronger yen, finance minister says

09/16/2024

Less than a minute

2024.09.16 21:16

TOKYO (Reuters) – Japan Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of recent currency moves on the Japanese economy and respond appropriately.

© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo

“Rapid moves on the currency market are not desirable,” Suzuki said, speaking in a regular post-cabinet meeting news conference.

The U.S. dollar fell to a more than one-year low versus the yen on Monday on speculation the Federal Reserve could deliver a 50-basis-point interest rate cut at its policy meeting this week.

09/16/2024

Less than a minute

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