New Japan finance minister Suzuki warns against any rapid yen moves

Japanese 10,000 yen banknotes. Photo: Kyodo. Sketched by the Pan Pacific Agency.

TOKYO, Oct 7, 2021, Reuters. Japanese Finance Minister Shunichi Suzuki on Thursday warned against rapid currency moves, saying he was closely watching the foreign exchange market as the yen hovered near 18-month lows against the dollar, Reuters reported.

The new finance minister made the comment when asked about the yen’s weakening and its impact on the Japanese economy. He was speaking in a group interview after assuming his post on Monday under the newly formed cabinet of Prime Minister Fumio Kishida.

Tags:

Share it


Exclusive: Beyond the Covid-19 world's coverage

Shopping after the pandemic: To buy safer than now Consumers’ behavior is changing globally due to the coronavirus Would the post-Covid humanity become more disjointed? Sharp thorn of the New post-virus World

You may also interested in

Vietnam speeding up South China Sea island-building pace, US researchers say

‘United States can be secure only if Asia is’: Defence chief Austin

Tens of thousands protest against contentious Taiwan parliament reforms