Concerned about recent sharp yen weakening

Japanese Finance Minister Shunichi Suzuki continues to voice his concerns over the sharp depreciation of the yen.

Additional quotes

Timing and financing sources for swift comprehensive measures to cope with price hikes have not yet been decided.

Rapid FX moves are undesirable.

Will respond appropriately to FX when necessary.

Excess FX volatility and disorderly moves can hurt economic stability.

Market reaction

At the time of writing, USD/JPY is battling 135.00, almost unchanged on the day.

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