Japan finance minister Suzuki:
To visit Seoul on June 25 to meet with s. Korean counterpartWill communicate
closely with US, other countries on FX based on G7 agreement that
excessive, disorderly fx moves could hurt economiesDon’t think US sees
Japan’s fx policy as problematic
Suzuki joins in with earlier verbal intervention efforts today:
Japan’s Kanda says ready to take action if excessive FX move seenJapan chief cabinet secretary Hayashi says stable FX levels are desirable
This article was written by Eamonn Sheridan at www.forexlive.com.
