Japan PM Kishida: Excess FX volatility based on speculation cannot be tolerated
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Japanese Prime Minister Kishida warned on Wednesday that “excess FX volatility based on speculation cannot be tolerated.”
“No comment on FX.”
“Need to take appropriate action against excess forex move.”
Kishida’s comments come as USD/JPY is gradually closing in on the 150.00 mark, trading at the highest level since the 1990s, at the time of writing.
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