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Japan's new top foreign exchange official Jun Mimura: Don't panic about market situation

Japan's new top foreign exchange official Jun Mimura: Don't panic about market situation

CointimeCointime2024/08/07 12:58
By:Cointime

Jun Mimura, Japan's newly appointed chief foreign exchange official, stated that there should be no panic about the market situation and that the stance on foreign exchange intervention remains unchanged. The mild recovery of the Japanese economy has not changed. Foreign exchange must reflect the fundamentals and have stable trends. Focus on foreign exchange volatility, not exchange rate levels. (Jinshi)

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