Japan’s Hayashi: Important for currencies to move in a stable manner, reflecting fundamentals

Market news

1 August 2024

Japan’s Hayashi: Important for currencies to move in a stable manner, reflecting fundamentals

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Thursday that it is “important for currencies to move in a stable manner, reflecting fundamentals.”

Additional comments

Won't comment on forex levels

Closely watching FX moves thoroughly.

Market reaction

At press time, USD/JPY is down 0.49% on the day to trade at 149.25.

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