Japan top currency diplomat says watching for any build-up of yen carry trades: report – CNBC
Newly designed Japanese 10,000-yen banknotes move through a machine at the National Printing Bureau's Tokyo plant in Tokyo, Wednesday, June 19, 2024. The yen's sustained weakness has raised concerns about a possible resurgence of cost-push inflation, possibly weighing on private consumption. Bloomberg | Bloomberg | Getty Images Atsushi Mimura, a Japanese foreign exchange diplomat, said […]
Japan top FX diplomat says watching for any build-up of yen carry trades, NHK reports By Reuters – Investing.com
TOKYO (Reuters) – Japan's top foreign exchange official, Mimura Atsushi, said authorities are “constantly keeping a close eye on the market” as a renewed increase in yen carry trades could increase market volatility, NHK reported in an interview on Friday. According to NHK, Mimura said it was highly likely that the yen carry trades that […]
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