Japan’s Suzuki: Will closely monitor stock and forex markets with vigilance

Japan’s Finance Minister Shunichi Suzuki said on Friday that he “will closely monitor stock and forex markets with vigilance.”

Additional quotes

Weak Yen is pushing up import costs.

Weak Yen is having an impact on prices.

Market reaction

USD/JPY loses ground on the Japanese verbal intervention, currently trading at 161.00, down 0.16% on the day.