Newsclip®: [Business] Japan, US remain at loggerheads over yen policy | TODAYonline

"SENDAI — Japan and the United States remained at loggerheads over exchange-rate policy on Friday (May 20) with Washington saying yen moves continued to be “orderly” signalling that Tokyo has no justification to intervene in the market to stem yen gains. Japanese Finance Minister Taro Aso reiterated Tokyo’s view that excessive and disorderly currency moves were undesirable, making it clear authorities won’t hesitate to step into the market if they consider any yen spike as out of line with economic fundamentals.",

0 comments | 1 clip



Last clipped by

Hey! Thanks for checking out Newsclip®!

Click on this Trending Newsclip® Stack to read other top media reports on this topic.

Be sure to clip to your personal newspaper, like, comment and share!

Newsclip® is the leader of Social News Discovery®.

Welcome to the Newsclip® beta release!

Please enjoy the site during our beta phase and provide us with feedback on suggestions and issue details. Please remember that we are still in beta and there will be issues and site changes during this time.

Newsclip® the leading Online Social Newspaper, find trending articles through Social News Discovery®!

Invite Friends to Newsclip®

Invite your Facebook friends to follow you!

You can reopen the "Getting Started Tutorial" dialog from within the About menu in the top right corner.