Japan chief cabinet secretary Hayashi

  • No comment on fx intervention
  • Won't comment on forex levels
  • Important for currencies to move in stable manner reflecting fundamentals
  • Rapid fx moves undesirable
  • Closely watching fx moves
  • Ready to take all possible measures on forex
  • Up to BOJ to decide details of monetary policy

USD/JPY update:

usdyen hayashi update 12 July 2024