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Japan's finance minister highlights urgency as yen weakens



Japan’s Finance Minister Shunichi Suzuki expressed significant concern over the currency market as the yen dropped to its lowest value in four months, exceeding 151 per US dollar. Suzuki, speaking to reporters, refrained from discussing potential currency intervention or commenting on specific currency levels. Emphasising the importance of stability in currency movements that reflect economic fundamentals, he highlighted that the government is vigilantly monitoring market trends with an acute sense of urgency. This statement was made amid growing speculation about possible government actions to address the yen’s depreciation.

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