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MoF Deploys Low Level Rhetoric On USD/JPY Moves

JAPAN

The Japanese MoF has commented on FX market developments, likely in lieu of the recent move lower in USD/JPY. An official from the Ministry of Finance has stressed that FX stability is important and noted that the MoF is closely watching market movements. The official also noted that they cannot pass comment on the reason behind the recent FX moves.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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