Japan's Finance Minister Addresses Urgency in Monitoring Undesirable FX Movements
Thursday, 4 April 2024, 23:56
Monetary Policy Decisions
Timing of interest rate changes is under the Board of Directors' jurisdiction.
FX Movements
- Rapid fluctuations are deemed undesirable.
- Closely monitoring FX movements with a high sense of urgency.
Currency Stability
It is crucial for currencies to reflect fundamentals and move in a stable manner.
Inflation Target
Government and Board of Directors aim to jointly achieve inflation target.
USDJPY Levels
- USDJPY remains near highest levels since 1990.
- Recent prices peaked between 151.88 and 151.967.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.