URGENT: Japan warns of excess currency volatility, says all options on table
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Japan is ready to respond “appropriately” to excessive volatility in the currency market, with all options on the table, Finance Minister Shunichi Suzuki said Friday, following the yen’s recent depreciation.
Speaking at a press conference, Suzuki said currency movements should be stable and reflect economic fundamentals. The government is closely monitoring the market “with a heightened sense of urgency,” he said.