Japan’s Finance Minister Kato declined to comment on foreign exchange.
- Recently, there have been one-sided, rapid market moves.
- It is important for currencies to move in a stable manner that reflects fundamentals.
- Appropriate action will be taken against excessive movements.
- Monetary policy decisions are up to the Bank of Japan.
This article was written by Eamonn Sheridan at www.forexlive.com.
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