October 7, 2021
TOKYO (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.
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.
(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)
Source Link New Japan finance minister Suzuki warns against any rapid yen moves
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