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FSA, MoF, BOJ officials are meeting to discuss financial mkts
Asakawa remarks crossing on the screens:
- BOJ, MoF, FSA share view the volatility is rising in FX, financial markets
(Masatsugu Asakawa is vice finance minister for international affairs)
More:
- Officials shared views
- Discussed holding meetings frequently
- Will pay attention to markets, exchanging information
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Well, that'll have yen longs quaking in their boots. Not.
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Handy guide to that alphabet soup:
- FSA is Financial Services Authority, the agency that oversees banking, securities and exchange, and insurance
- MOF is Ministry of Finance
- BOJ you know ... Bank of Japan
