Up to Market to Determine Value of Currencies: Lescure
Market Intelligence Analysis
AI-PoweredFrench Finance Minister Roland Lescure emphasizes that the value of currencies should be determined by the market, rather than government intervention, in a recent interview on Bloomberg Television.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
French Finance Minister Roland Lescure speaks on Bloomberg Television about recent yen moves and shrugs off gyrations in the currency after chairing a meeting of his Group of Seven counterparts. He adds moves in the yen form part of a bigger picture. Lescure also states that the markets do their job and that it’s up to the market to determine the value of the foreign exchange currencies.
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