Jun Mimura, Japan's new top foreign exchange official, said he should not panic about the market situation and maintain his stance on foreign exchange intervention. The modest recovery of the Japanese economy has not changed.
Jun Mimura, Japan's new top foreign exchange official, said there should be no panic in the market situation and his stance on foreign exchange intervention remains unchanged. The modest recovery of the Japanese economy has not changed. Foreign exchange must reflect fundamentals and move steadily. Focus on foreign exchange fluctuations, not exchange rate levels.