Japan’s Hayashi: Ready to take all possible means on forex

Japanese
Chief
Cabinet
Secretary
Yoshimasa Hayashi
said
on
Friday
that
he
is
“ready
to
take
all
possible
means
on

forex.”

Additional
quotes

No
comment
on
FX
intervention.

Won’t
comment
on
forex
levels.

Important
for
currencies
to
move
in
stable
manner
reflecting
fundamentals.

Rapid
FX
moves
undesirable.

Closely
watching
FX
moves.

Up
to
the
Bank
of
Japan
(BoJ)
to
decide
details
of
monetary
policy.

Expect
BoJ
to
take
appropriate
monetary
policy
to
sustainably,
stably
achieve
2%
price
target.

Will
work
closely
with
the
BoJ.