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Japan’s Top FX Diplomat Mimura: Discussed big moves in financial and stock market with BoJ and FSA

FXStreetAug 6, 2024 6:35 AM

Atsushi Mimura, Japan’s newly appointed Vice Finance Minister For International Affairs and top foreign exchange official said in a statement on Tuesday that they “discussed big moves in the financial and stock market with the Bank of Japan (BoJ) and the Financial Services Agency (FSA).”

Additional comments

No comment on market move.

Government will work closely with the BoJ.

Shared view that Japan economy making moderate recovery.

Discussed forex.

Important for currencies to move in stable manner reflecting fundamentals.

Closely watching FX moves.

Held meeting as there were big moves in stock market.

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