Up to Market to Determine Value of Currencies: Lescure
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....
By Bloomberg Markets · Bloomberg Markets
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.