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Japan's Finance Minister Suzuki says sharp yen moves are undesirable

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TOKYO :Japanese Finance Minister Shunichi Suzuki reiterated on Tuesday that sharp currency moves were undesirable as the yen weakened to 20-year lows versus the dollar.Suzuki made the comments before his trip to Washington to attend a gathering of financial leaders from the Group of 20 major economies this we

TOKYO :Japanese Finance Minister Shunichi Suzuki reiterated on Tuesday that sharp currency moves were undesirable as the yen weakened to 20-year lows versus the dollar.

He vowed to closely communicate with U.S. and other countries' currency authorities to"respond appropriately" to currency movements.

 

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