Japan to respond appropriately to excess FX moves, finance minister says

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The story "Japan to respond appropriately to excess FX moves, finance minister says" was covered 2 weeks ago by Channel News Asia, a news publisher based in Singapore.

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Japan to respond appropriately to excess FX moves, finance minister says - Channel News Asia

Quick Summary:

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".

The yen was hovering close to the 153 per dollar level on Friday morning.

"We will closely monitor currency moves, including those driven by speculators, with utmost sense of urgency and will take appropriate actions against excess moves," he said.