Jun 21, 2016

Aso worried by yen's moves but rules out early intervention

Finance Minister Taro Aso said Tuesday the government will not rush to weaken the yen, although sharp swings in the currency markets are “undesirable.” “Regarding currency intervention, we will not do it so easily,” Aso told a news conference. He added, any action the ...

May 3, 2016

Japan, China, S. Korea agree to enhance capital flow monitoring

The finance ministers and central bank heads of Japan, China and South Korea on Tuesday agreed to enhance monitoring of capital outflows from emerging economies that suffer from economic deceleration. “Global growth remains modest and uneven, and downside risks and uncertainties to the global ...

G-20 confirms excessive currency moves undesirable: Aso

Apr 15, 2016

G-20 confirms excessive currency moves undesirable: Aso

Finance chiefs from the Group of 20 economies agreed Thursday that excessive moves in exchange rates are undesirable, according to Finance Minister Taro Aso, who added that the global economy still faces downside risks. Prior to a two-day gathering in Washington, Aso told U.S. ...