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Japan fin min Kato says excess FX volatility negatively impacts the economy
JPY
Japanese finance minister Kato speaking as USD/JPY continues to plunge:
- forex rates should be set by markets
- excess FX volatility negatively impacts the economy
- have agreed with the US to continue closely communicating on Forex at a minister level
- will continue to exchange views with G7 countries
Source: Forex Live
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