Japan to respond appropriately to excess FX moves, finance minister says
Orientul Mijlociu
TOKYO : Japanese authorities would take appropriate steps against excess moves in the foreign exchange market, Finance Minister Katsunobu Kato said on Friday, amid expectations that a Donald Trump U.S. presidency could boost the dollar and drive the yen down lower. "We are recently seeing one-sided and drastic moves on the currency market," Kato told a regular news conference. "We will closely monitor currency moves, including those driven by speculators, with utmost sense of urgency and will
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