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Japan’s Kato: Closely watching FX moves with the utmost sense of urgency

FXStreetNov 19, 2024 2:15 AM

Japan’s Finance Minister Katsunobu Kato on Tuesday that he is “closely watching FX moves with the utmost sense of urgency.”

Additional quotes

Important for currencies to move in a stable manner reflecting fundamentals.

Will continue to take appropriate action against excessive forex moves.

Absolutely no change to our stance on forex.

Seeing somewhat one-sided, sharp moves on the forex market since late September.

Closely watching FX moves with the utmost sense of urgency.

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