Matsuno's remarks come after a big surge for USD/JPY following a hawkish hold from the FOMC on Wednesday.

  • Important for FX to move stably reflecting the fundamentals
  • Will respond appropriately to FX moves if necessary
  • Won't rule out any options for response to FX moves
  • Expect BOJ to closely communicate with govt, continue to take appropriate monetary policy
  • Share mutual understanding with international authorities that excessive FX move undesirable
Japan chief cabinet secretary Matsuno