Japan Warns of Action Over Rapid Currency Moves
===============
#311cc6ce ver:0.18
Finance ministers from Japan, South Korea, China, and ASEAN express concerns over rapid currency depreciation against the US dollar. They warn of action against excessive fluctuations caused by speculation and highlight the negative impact on financial stability. Japan is prepared to intervene by buying yen and selling dollars to correct the depreciation. The ministers also discuss expanding the Chiang Mai Initiative and cooperating on climate change. Stability in exchange rates and effective action are emphasized. #CurrencyFluctuations #FinancialStability #Intervention #Cooperation...
#newstr #Japan #CurrencyIntervention #ForeignExchange #Yen #Speculation #Exporters #ImportCosts #Inflation #Asean+3
https://here.news/story/311cc6ce?ver=0.18
Finance Ministers Discuss Concerns Over Weak Yen and Won /
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2024-05-07 04:04:05
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2024-05-07 04:04:05Event JSON
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"content": "Japan Warns of Action Over Rapid Currency Moves\n===============\t\n#311cc6ce ver:0.18\n\nFinance ministers from Japan, South Korea, China, and ASEAN express concerns over rapid currency depreciation against the US dollar. They warn of action against excessive fluctuations caused by speculation and highlight the negative impact on financial stability. Japan is prepared to intervene by buying yen and selling dollars to correct the depreciation. The ministers also discuss expanding the Chiang Mai Initiative and cooperating on climate change. Stability in exchange rates and effective action are emphasized. #CurrencyFluctuations #FinancialStability #Intervention #Cooperation...\n\n#newstr #Japan #CurrencyIntervention #ForeignExchange #Yen #Speculation #Exporters #ImportCosts #Inflation #Asean+3 \n\n https://here.news/story/311cc6ce?ver=0.18",
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