- Japan’s MOF gives BoJ specific instructions for FX intervention – Goldman Sachs
Notícias do Mercado
29 dezembro 2022
Japan’s MOF gives BoJ specific instructions for FX intervention – Goldman Sachs
Analysts at Goldman Sachs explain the process of how the forex market intervention is conducted by the Japanese authorities.
Key quotes
FX intervention is carried out under the authority of the Ministry of Finance (MOF).
The BoJ conducts FX interventions on behalf of and at the instruction of the MOF. The Foreign Exchange Fund Special Account (FEFSA), which falls under the jurisdiction of the MOF, is used for interventions. The MOF gives the BoJ specific instructions for FX intervention based on relevant market information provided by the BoJ.
Related reads
- USD/JPY Price Analysis: Bears smash weekly support line to aim for further downside below 134.00
- US Dollar Direction in 2023: Ranking of seven currencies and their drivers
O foco de mercado
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 disclaimerAbrir Conta Demo e Página Pessoal