Japanese finance minister frets about 'hectic' yen swings
Tuesday, August 2, 2022
© Reuters. Japanese Finance Minister Shunichi Suzuki attends the G20 Finance Ministers Meeting in Nusa Dua, Bali, Indonesia July 16, 2022. Sonny Tumbelaka/Pool via REUTERS By Tetsushi Kajimoto
TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as "hectic", highlighting the complication for authorities in responding to sharp currency moves.
The dollar extended its decline on Tuesday, falling to its lowest in two months against the Japanese currency which has until recently been sliding against the greenback. It is currently fetching 130.66 yen, having rebounded from 24-year lows beyond 139 yen touched last month.
The sharp currency swings could complicate efforts by Japanese policymakers to stem the yen's weakness, which they worry would boost living costs and undermine the terms of trade by widening trade deficits.
On the other hand, any sharp yen rebound could hurt Japan's export-led economy as it makes domestic shipments of cars and electronics goods less price-competitive.
"The yen was weakening but now swinging to rise. The moves appeared quite hectic to me," Suzuki told reporters.
Suzuki told reporters he would carefully watch yen moves and their impact on the economy while coordinating with the Bank Of Japan on any agreed actions.
Leave your comment
APPROVED BROKERS
19-08-2022 14:41:47 (UTC+7)
EUR/USD
1.0089
+0.0001 (+0.01%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
EUR/USD
1.0089
+0.0001 (+0.01%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
GBP/USD
1.1919
-0.0010 (-0.09%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (2)
USD/JPY
136.54
+0.65 (+0.48%)
Summary
BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (2)
Sell (2)
AUD/USD
0.6913
-0.0004 (-0.07%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (0)
USD/CAD
1.2968
+0.0022 (+0.17%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (7)
EUR/JPY
137.75
+0.67 (+0.49%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
EUR/CHF
0.9665
+0.0014 (+0.14%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (4)
Sell (1)
Gold Futures
1,766.80
-4.40 (-0.25%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (8)
Silver Futures
19.185
-0.279 (-1.43%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (4)
Copper Futures
3.6275
-0.0040 (-0.11%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (10)
Sell (0)
Crude Oil WTI Futures
89.59
-0.91 (-1.01%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (7)
Sell (2)
Brent Oil Futures
95.67
-0.92 (-0.95%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (0)
Natural Gas Futures
9.079
-0.109 (-1.19%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
US Coffee C Futures
214.80
-2.65 (-1.22%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Euro Stoxx 50
3,766.75
-10.63 (-0.28%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
S&P 500
4,283.74
+9.70 (+0.23%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (0)
Sell (8)
DAX
13,649.47
-47.94 (-0.35%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
FTSE 100
7,537.10
-4.75 (-0.06%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (1)
Hang Seng
19,757.00
-6.91 (-0.03%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (0)
US Small Cap 2000
2,000.73
+13.41 (+0.68%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (4)
Sell (2)
IBEX 35
8,401.75
-28.55 (-0.34%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (8)
BASF SE NA O.N.
43.475
+0.035 (+0.08%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (2)
Bayer AG NA
53.78
-0.28 (-0.52%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (4)
Allianz SE VNA O.N.
177.44
-1.08 (-0.60%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (8)
Sell (0)
Adidas AG
166.65
-0.87 (-0.52%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (5)
Deutsche Lufthansa AG
6.434
-0.132 (-2.01%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (3)
Sell (3)
Siemens AG Class N
110.06
-0.20 (-0.18%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (5)
Deutsche Bank AG
8.725
-0.143 (-1.61%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (8)
Sell (1)
| EUR/USD | 1.0089 | ↑ Buy | |||
| GBP/USD | 1.1919 | ↑ Buy | |||
| USD/JPY | 136.54 | Buy | |||
| AUD/USD | 0.6913 | ↑ Buy | |||
| USD/CAD | 1.2968 | ↑ Sell | |||
| EUR/JPY | 137.75 | ↑ Buy | |||
| EUR/CHF | 0.9665 | ↑ Buy |
| Gold | 1,766.80 | ↑ Sell | |||
| Silver | 19.185 | ↑ Sell | |||
| Copper | 3.6275 | ↑ Buy | |||
| Crude Oil WTI | 89.59 | ↑ Buy | |||
| Brent Oil | 95.67 | ↑ Buy | |||
| Natural Gas | 9.079 | ↑ Buy | |||
| US Coffee C | 214.80 | ↑ Sell |
| Euro Stoxx 50 | 3,766.75 | ↑ Sell | |||
| S&P 500 | 4,283.74 | Sell | |||
| DAX | 13,649.47 | ↑ Sell | |||
| FTSE 100 | 7,537.10 | ↑ Buy | |||
| Hang Seng | 19,757.00 | ↑ Buy | |||
| Small Cap 2000 | 2,000.73 | ↑ Buy | |||
| IBEX 35 | 8,401.75 | ↑ Sell |
| BASF | 43.475 | ↑ Buy | |||
| Bayer | 53.78 | Sell | |||
| Allianz | 177.44 | ↑ Buy | |||
| Adidas | 166.65 | ↑ Sell | |||
| Lufthansa | 6.434 | Neutral | |||
| Siemens AG | 110.06 | Sell | |||
| Deutsche Bank AG | 8.725 | Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,590 / 6,690 (-10 / -10) # 1,716 |
| SJC HCM | 6,620 / 6,720 (0/ 0) # 1,746 |
| SJC Hanoi | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Danang | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Nhatrang | 6,620/ 6,722 (0/ 0) # 1,748 |
| SJC Cantho | 6,620/ 6,722 (0/ 0) # 1,748 |
| Cập nhật 19-08-2022 14:41:52 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,753.83 | -4.75 | -0.27% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 25.340 | 25.840 |
| RON 95-III | 24.660 | 25.150 |
| E5 RON 92-II | 23.720 | 24.190 |
| DO 0.05S | 22.900 | 23.350 |
| DO 0,001S-V | 24.880 | 25.370 |
| Dầu hỏa 2-K | 23.320 | 23.780 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $89.58 | +0.32 | 0.36% |
| Brent | $95.65 | -0.05 | -0.05% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.235,00 | 23.545,00 |
| EUR | 22.981,75 | 24.268,73 |
| GBP | 27.175,39 | 28.334,31 |
| JPY | 167,13 | 176,93 |
| KRW | 15,26 | 18,59 |
| Cập nhật lúc 14:37:22 19/08/2022 Xem bảng tỷ giá hối đoái | ||
