6 August
Japanese government is committed to taking action against speculative movements of yen
According to a statement made on Wednesday by Minister of Finance of Japan Shunichi Suzuki, the country’s government is committed to taking decisive actions towards financial markets in case any speculative movements of the national currency are spotted.
As it was said by Suzuki in a conversation with journalists after the G7 and G20 finance leaders' meeting in Washington, it’s not a certain level of correlation between the dollar and the yen that they think about, as the government’s attention is actually drawn to volatility.
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