Broker Center sponsored links

Japan's Machimura: Recent forex moves quite rapid

Thu Mar 13, 2008 9:09pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

TOKYO, March 14 (Reuters) - Japan's top government spokesman said on Friday that recent currency market moves were quite rapid but that they reflect dollar weakness rather than yen strength.

Chief Cabinet Secretary Nobutaka Machimura, in a news conference, declined to comment on whether he saw a need for Japanese monetary authorities to intervene in the currency market to stem further yen rises. (Reporting by Leika Kihara; Editing by Hugh Lawson)

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended