Former BOJ official says little possibility of intervention to curb strong yen
Tohru Sasaki, head of Japan markets research at JPMorgan and a former official at the Bojj
Comments in an interview
- Says there are fundamental flows strengthening th yen
- Intervention to counter it would be ineffective
- Says its difficult for Japan to intervene ahead of the G7 meeting in May
via Bloomberg
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G7 May meeting is on 26 and 27th. In Japan.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
