Japan’s Suzuki: Russia’s invasion of Ukraine having a serious impact on regional economies

Russia’s invasion of Ukraine is having a serious impact on regional economies, Japanese Finance Minister Shunichi Suzuki said in a statement on Thursday.

Additional quotes

BOJ's Kuroda explained monetary easing, no queries raised by other participants.

Significant to confirm regional financial cooperation.

No discussions on the US rate hikes impact on emerging market debt at ASEAN+3 meetings.

Market reaction

USD/JPY is tumbling in tandem with risk sentiment, currently trading at 129.59, down 0.28% on the day. The pair failed to resist above the 130.00 level earlier in the Asian trading.