10/3, 6:45 AM (Source: TeleTrader)
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Japan's Suzuki: Tokyo ready respond to excess currency moves

Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated the country's readiness to respond to foreign exchange moves if it proves necessary.

He stressed the importance of currencies moving in a stable manner that reflects economic fundamentals and indicated a sense of urgency in taking appropriate steps regarding any fluctuations.

Suzuki went on to note Japan's price inflation, which he said was largely influenced by the weakening yen, along with the situation in Ukraine.

Baha Breaking News (BBN) / NL