Japanese Finance Minister Closely Monitoring Yen Appreciation, Calls for Stable Currency Moves
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Finance Minister Shunich Suzuki said he is closely watching market moves and currencies should move stably based on fundamentals.
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Suzuki declined to comment on specific daily forex moves or various market talk.
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The Japanese Yen has rapidly appreciated lately.
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At writing, USD/JPY was trading lower at 142.17.
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Suzuki's comments appear aimed at verbally intervening to address the sharp rise of the Yen.