Hayashi, Japanese Chief Cabinet Secretary:
-
I will not comment on exchange rates and monetary interventions
- It is important that currencies move in a stable manner, reflecting fundamentals
- Excessive currency volatility is undesirable
- Closely monitor effects movements
- Ready to take all measures regarding foreign exchange
Words like:
- Excessive currency volatility is undesirable
- Ready to take all measures regarding foreign exchange
represent more aggressive comments than the others above
This article was written by Eamonn Sheridan at www.forexlive.com.
cnbctv18-forexlive
