JAPAN’S KATO: CLOSELY WATCHING FX MOVES WITH THE UTMOST SENSE OF URGENCY

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Japan’s Finance Minister Katsunobu Kato on Tuesday that he is “closely watching FX moves with the utmost sense of urgency.”

Additional quotes

Important for currencies to move in a stable manner reflecting fundamentals.

Will continue to take appropriate action against excessive forex moves.

Absolutely no change to our stance on forex.

Seeing somewhat one-sided, sharp moves on the forex market since late September.

Closely watching FX moves with the utmost sense of urgency.


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