Katayama attributes recent yen moves to speculative trade
Katayama said speculative trade drove recent yen moves after the Strait of Hormuz opened. Japan and the U.S. will communicate more on exchange rate movements.
Xurve View
洞察:
Xurve View
Japanese Finance Minister Satsuki Katayama stated on Friday that recent fluctuations in the yen have been driven significantly by speculative trading. The currency experienced a rebound following news that eased concerns regarding trade passage in the Middle East.
