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Japan will respond decisively to excessive FX moves, Finance Minister says

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TOKYO -Japanese Finance Minister Shunichi Suzuki warned on Tuesday Japan would take appropriate and decisive action against excessive currency moves driven by speculators, suggesting market intervention was possible after the yen fell to a fresh 32-year low.Suzuki, speaking in parliament, pointed to Japan's

TOKYO -Japanese Finance Minister Shunichi Suzuki warned on Tuesday Japan would take appropriate and decisive action against excessive currency moves driven by speculators, suggesting market intervention was possible after the yen fell to a fresh 32-year low.

"We are closely watching market moves with a high sense of urgency. We will make an appropriate response decisively to excessive moves," Suzuki said.

 

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Japan will respond appropriately to excessive FX moves, Finance Minister saysTOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday authorities would respond appropriately to excessive currency moves driven by speculators, as the yen fell to a fresh 32-year low to the dollar.Suzuki, speaking to reporters, declined to comment when asked whether authorities are conducting
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