Japan’s Mimura: Always prepared to take suitable measures
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the officials are always prepared to take suitable measures. However, Mimura declined to comment on currency intervention.
Key quotes
Declines to comment on currency intervention.
In close contact with relevant authorities on forex.
No comment on future plans.
Always prepared to take suitable measures.
In talks beyond US.
Hearing various concerns over recent yen weakness.
In close contact with U.S. authorities.
Market reaction
At the time of writing, the USD/JPY pair is trading around 160.35, up 0.51% on the day.
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