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JAPAN'S KANDA: EXCESSIVE FX VOLATILITY HAS NEGATIVE IMPACT ON ECONOMY

Wulan Viana
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Japan's top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said on Friday that foreign exchange (FX) volatility has negative effects on the Japanese economy.

Key quotes

Says told G20 that excessive FX volatility has negative impact on the economy.

Saw the rising possibility of a soft landing.

To closely monitor the economy and implement necessary measures.


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