• Japan’s Suzuki: Concerned about recent sharp yen weakening

Market news

21 June 2022

Japan’s Suzuki: Concerned about recent sharp yen weakening

Japanese Finance Minister Shunichi Suzuki continues to voice his concerns over the sharp depreciation of the yen.

Additional quotes

Timing and financing sources for swift comprehensive measures to cope with price hikes have not yet been decided.

Rapid FX moves are undesirable.

Will respond appropriately to FX when necessary.

Excess FX volatility and disorderly moves can hurt economic stability.

Market reaction

At the time of writing, USD/JPY is battling 135.00, almost unchanged on the day.

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.