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Japan to take appropriate action against excessive FX moves, finance minister says

By Thomson Reuters Jan 15, 2025 | 12:09 AM

TOKYO (Reuters) – Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive moves on the foreign exchange market.

“The government has been alarmed over foreign exchange moves, including those driven by speculators,” Kato said at a press conference.

(Reporting by Makiko Yamazaki; Editing by Tom Hogue)