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Japan calls on G7 to reaffirm FX agreement, says finance minister Suzuki

Japan calls on G7 to reaffirm FX agreement, says finance minister Suzuki

FILE PHOTO: Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon

BONN, Germany : Japanese Finance Minister Shunichi Suzuki said on Thursday he called on his G7 counterparts to reaffirm the group's agreement on exchange-rate policy.

"I explained how recent currency moves have been rapid, and that it was important to reaffirm the G7 agreement on exchange-rate policy," Suzuki told reporters after attending the first day of a Group of Seven finance leaders' gathering that ends on Friday.

"I also told the meeting Japan will respond appropriately to exchange-rate moves, while communicating closely with G7 members," he said.

(Editing by Leslie Adler)

Source: Reuters

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