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Japan finance minister Kato: Will take appropriate action versus excessive FX moves

Japans finance minister Kato:

  • Will take appropriate action versus excessive FX moves
  • one-sided, sharp moves seen in FX market.
  • Important for FX rates to move stably reflecting fundamentals.
  • Government will scrutinize FX market with very high vigilance including speculative moves.

This article was written by Greg Michalowski at www.forexlive.com.

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