HomeLive CommentsJapan officials concerned by one-sided move in Yen, warned of necessary action

Japan officials concerned by one-sided move in Yen, warned of necessary action

As Yen tumbles further to fresh 24-year low against Dollar, Japan Finance Minister Shunichi Suzuki cautioned that “recent moves are rather rapid and one-sided . We need to be watching developments with strong interest.”

Chief Cabinet Secretary Hirokazu Matsuno said at a news briefing, “I’m concerned about rapid, one-sided moves in the currency market recently. If such moves continue, we will take necessary action.”

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