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Japan finance minister Suzuki won’t comment on specifics of FX interventionJapan finance minister Suzuki won’t comment on specifics of FX intervention

Japan finance minister Suzuki

Closely watching fx moves with a high sense of urgency Won’t rule out any
steps to respond to disorderly moves Important for
currencies to move in stable manner reflecting fundamentals, says
rapid fx moves are undesirable Declines to comment
on fx interventionWon’t comment when asked about specific means of how MOF may intervene in the FX marketVarious factors are behind FX moves, not just monetary policy

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.

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