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Japan finance minister Kato says excess forex volatility is undesirab;e

Japan finmin Kato:

  • US, Japan share view excessive FX volatility undesirable
  • FX rate to be determined by markets

Japan economy minister Akazawa:

  • FX issues will be addressed between finance minister Kato, US Treasury Secretary Bessent

A little verbal intervention supporting the yen:

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

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