JAPAN’S HAYASHI: STABLE FX LEVELS ARE DESIRABLE
Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that stable foreign change (FX) levels are desirable. Hayashi emphasized the importance of maintaining strong confidence in the Japanese Yen (JPY).
Key quotes
The addition of Japan to the US currency monitoring list does not mean that Japan's foreign exchange policy is a problem
Stable Forex levels are desirable
Important that forex rates reflect fundamentals
Will continue to closely monitor moves in the forex market
Emphasizes the importance of maintaining strong confidence in the yen.
Emphasizes the importance of stable forex movements
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