TOKYO : Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the need for currencies to move stably reflecting fundamentals, describing recent yen swings as"hectic", highlighting the complication for authorities in responding to sharp currency moves.
The sharp currency swings could complicate efforts by Japanese policymakers to stem the yen's weakness, which they worry would boost living costs and undermine the terms of trade by widening trade deficits.
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