Japan Finance Minister says he told U.S.’s Yellen recent yen falls are sharp -Breaking
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© Reuters. FILE PHOTO: Shunichi Suzuki, Japan’s Finance Minister, prepares for the opening of Tokyo Stock Exchange (TSE) trading in 2022 during the New Year celebration. This was happening amid the COVID-19 pandemic in Tokyo. TOKYO, Reuters – Shunichi Suzuki, the Japanese Finance Minister explained Friday to Janet Yellen why recent yen declines were so sharp.
The government said that rapid currency movements were not desirable. After meeting with Yellen, Suzuki stated that what we are seeing with the yen now is rapid currency moves. “We’ll be closely monitoring moves with a sense o urgency.”
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