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25 Apr 2024
Japan’s Hayashi: Won't comment on forex levels or forex intervention
Japan's Hayashi
Won't comment on forex levels or forex intervention.
Important for currencies to move in stable manner reflecting fundamentals.
Rapid FX moves undesirable.
Closely watching FX moves.
Will be ready to take full response.
Expect the Bank of Japan (BoJ) to work closely with govternment.
Expect BoJ to conduct appropriate monetary policy to sustainably, stably hit its price target, working closely with govt.