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Adam posted on the drop in USD/JPY, and then its roar back:In Japan it's the Ministry of Finance that directs the Bank of Japan to intervene in the FX market. An official at...
<p>Japan finance minister Suzuki </p><ul><li> excess fx volatility, disorderly moves can hurt economy, financial stability</li><li>told G20 Japan is deeply worried about recent sharp forex volatility</li><li>explained that the recent yen intervention was prompted by...
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday the United States showed understanding to "a certain extent" on Tokyo's currency market intervention last month, giving Japan's first public...