Japan’s Mimura says will closely monitoring currency markets
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Thursday that he will closely monitor the foreign exchange (FX) markets. Mimura also declined to comment on FX intervention and specific currency levels.
Key quotes
No comment on forex intervention.
Closely monitoring currency markets.
In daily contact with U.S. authorities.
IMF classification of free floating regime doesn’t limit frequency of FX intervention.
Will not comment on forex rates.
US authorities aware of my views.
Market reaction
At the time of writing, the USD/JPY pair is trading around 156.30, down 0.08% on the day.
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