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Japan finance minister: Speculative moves are seen behind yen weakening in FX market

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TOKYO : Japanese Finance Minister Shunichi Suzuki warned on Friday against 'speculative moves' seen behind a rapid yen weakening, using the strongest wording to the day as the yen weakened to fresh 24-year lows beyond 139 yen to the dollar.'I'm concerned about recent sharp yen weakening,' Suzuki told repo

FILE PHOTO: Japan's Finance Minister Shunichi Suzuki prepares to ring a bell during the New Year ceremony marking the open of trading in 2022 at the Tokyo Stock Exchange , amid the coronavirus disease pandemic, in Tokyo, Japan, January 4, 2022. REUTERS/Issei Kato

FILE PHOTO: Coins and banknotes of Japanese yen are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration

 

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