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Japan fin min Kato: Japan does not manipulate the FX market to weaken the yen
JPY
- Japan's guidelines in managing its foreign reserves is to avoid causing volatility in markets
- Hard to say how US long-term interest rates would move as they will be driven by various factors
USD/JPY is quiet so far in Asia-Pacific trading, down 4 pips to 142.37.
Source: Forex Live
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