• Japan's Suzuki: Looking into issue of Russia's demand for payment for oil in roubles

Market news

24 March 2022

Japan's Suzuki: Looking into issue of Russia's demand for payment for oil in roubles

Japanese Finance Minister Shunichi Suzuki is responding to Russia’s change in payment method overnight.

Key quotes

“Currently looking into the situation with relevant ministries regarding Russia's statement on paying for oil in roubles.”

“Will respond to the situation while evaluating wider impact our sanctions against Russia have on Japan's economy and market.”

“Have no idea on Russia's intention, how they would carry out, when asked about rouble payment for energy sales to unfriendly countries.”

  • USD/JPY renews intraday high above 121.00 on BOJ minutes, ignores softer yields

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.