Japan’s Mimura: In close contact with US on foreign exchange
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he had no comment on foreign exchange intervention and crude oil futures. Mimura added that the official is in close contact with the United States (US) on currency.
Key quotes
No comment on Forex intervention.
Declines to comment on crude oil futures.
In close contact with US on forex.
No change to view on seeing moves by speculators.
Japan's golden week holiday period has just begun.
Market reaction
At the time of writing, the USD/JPY pair is trading around 157.25, up 0.42% on the day.
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