Reuters logo
Japan MOF official: Markets set FX moves, no comment on yen levels
May 10, 2013 / 7:31 AM / 5 years ago

Japan MOF official: Markets set FX moves, no comment on yen levels

AYLESBURY, England, May 10 (Reuters) - Foreign exchange-rate moves are determined by markets, a senior Japanese finance ministry official said on Friday after the dollar’s rise above 100 yen to a four-and-a-half-year high.

“Markets determine currency moves. I will not comment on specific (dollar/yen) levels,” he told reporters ahead of the Group of 7 finance leaders’ weekend meeting in the outskirts of London.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below