BoJ's Fukui says exchange rate movements unsteady

Bank of Japan Governor Toshihiko Fukui said Tuesday currency exchange rate movements have become unsteady, suggesting the possibility that Japanese monetary authorities may resume intervening in the currency market.

"I believe that recent movements in the forex market have become unstable, and we will monitor closely whether these developments will have any psychological and real impact on the Japanese economy," the Japanese central bank chief told a regularly-scheduled press conference.


To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: