Japan Finance Minister Suzuki urges stability in FX market as yen weakens

FILE PHOTO: Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Tuesday that he would keep an eye on the foreign exchange market, describing the yen as "weakening" recently and stressing the importance of stability in the market.

Suzuki told reporters after a cabinet meeting that he would refrain from commenting on whether the yen was weak or strong to avoid influencing market moves. "Currency stability is important," he added.

(Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

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