Japan’s Matsuno: Stable forex market is important, dramatic changes undesirable

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Japan’s Matsuno: Stable forex market is important, dramatic changes undesirable Japan USDJPY Currencies

is important,” adding that it is “not desirable to have dramatic changes in forex movements.”

“As a government, we will be keeping a close eye on forex market moves and its impact on the Japanese economy,” Matsuno said.exchange rate value, the Japanese officials express their concerns while trying to calm market nerves.said that the cost of buying US dollars to purchase commodities is one of the main factors behind the yen depreciation.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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