Japan’s Suzuki: Excessive FX volatility is undesirable

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Japanese Finance Minister Shunichi Suzuki said on Friday that the excessive FX volatility is undesirable and policymakers will take thorough steps on

FX with a strong sense of urgency. However, Suzuki declined to comment on the FX level and intervention. Market reaction At the press time, theUSD/JPYpair is losing 0.02% on the day to trade at 150.37.

 

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