Japanese government "Will take measures if excessive fluctuations in the foreign exchange market occur"

Source
Uk Jin

Summary

  • Minoru Kihara, Japan's Chief Cabinet Secretary, said he will take necessary measures to respond to excessive fluctuations in the foreign exchange market.
  • The Japanese government said it will promptly take action if volatility in the foreign exchange market expands.
  • The government said it is comprehensively assessing movements in long-term interest rates and their economic impacts.
Photo=Shutterstock
Photo=Shutterstock

The Japanese government said it will take necessary measures to respond to excessive and disorderly fluctuations in the foreign exchange market.

On the 5th (Korea time), according to BlockBeats, Minoru Kihara, Japan's Chief Cabinet Secretary, said, "If volatility in the foreign exchange market expands, the government will take necessary measures."

Earlier, Kihara said, "The government is closely watching movements in long-term interest rates," adding, "It is important to comprehensively assess the effects of rising interest rates on the economy."

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Uk Jin

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