IMF's Koehler supports Japan's FX intervention

Visiting International Monetary Fund (IMF) Managing Director Horst Koehler said Wednesday 25 February in Tokyo that he could understand Japan's currency intervention policy.

During a Tokyo press conference, Koehler said it helps tackle deflation when the government has limited policy options to prop up the economy.

Calling Japan's foreign exchange policy "pragmatic", Koehler said he believes Japan's currency intervention is not designed to pursue fixed exchange rate targets or to artificially

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.