Japanese Finance Minister speaks out amid rapid Yen depreciation

<p>As Yen continues to face intense selling pressure, Japanese Finance Minister Shunichi Suzuki reiterated the importance of market-determined exchange rates and the undesirability of abrupt currency movements. Suzuki stated, “Currency rates should be set by the market, reflecting fundamentals.” He also emphasized the need for stability, saying, “Sharp moves are undesirable, currencies should move stably […]</p>
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