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

© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration/File Photo

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.

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