Japan finance minister Suzuki

  • Won't comment on forex levels.
  • Important for currencies to move in stable manner reflecting fundamentals.
  • Stable moves of FX desirable.
  • Must respect independence of BOJ.
  • Up to BOJ to decide monetary policy.
  • Closely watching FX moves with a high sense of urgency.
  • Up to BOJ to decide monetary policy including the timing of ending negative interest rates.
  • Am aware there are various opinions in financial markets about the fate of negative rates.
  • Won't comment on FX intervention as doing so may affect the market
suzuki Japan 16 February 2024 2

That finger's probably for me