Japan’s Top FX Diplomat Kanda: Closely watching forex moves, will respond appropriately if necessary

Following the emergency meeting between the Bank of Japan (BoJ), Ministry of Finance (MoF) and FSA, Japan’s top currency diplomat Masato Kanda said on Tuesday that “officials are watching forex moves closely.”

Additional comments

Important for currencies to move stably reflecting economic fundamentals.

Not focusing on any forex levels specifically.

Closely watching forex moves, will respond appropriately if necessary.