Japan’s Kato Will take appropriate action vs. excessive FX moves
Japan’s Finance Minister Katsunobu Kato on Friday that he “will take appropriate action vs. excessive FX moves.”
Additional quotes
One-sided, sharp moves seen in the FX market.
It is important for FX rates to move stably, reflecting fundamentals.
Govt will scrutinise the FX market with very high vigilance, including speculative moves.
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