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Japan’s Kato: Shared views on FX with US counterpart
Japan
USDJPY
Currencies
Japan’s Finance Minister Katsunobu Kato said on Wednesday that I “have shared views on FX with US counterpart.”
Kato further noted: I “have shared views with US counterpart that FX rates are determined by markets and excessive volatility negatively impacts the economy, financial stability.”
Market reaction
USD/JPY was last seen trading at 149.80, up 0.05% on the day.
Source: Fxstreet
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