Japan warns against 'one-sided' currency moves as yen slides

Leika Kihara - Reuters - 24/10
Japanese Finance Minister Katsunobu Kato issued a warning against currency speculation on Wednesday, expressing concern over "one-sided, rapid" moves in the currency market that have been driving down the yen's value.
WASHINGTON, Oct 23 (Reuters) - Japanese Finance Minister Katsunobu Kato issued a warning against currency speculation on Wednesday, expressing concern over "one-sided, rapid" moves in the currency market that have been driving down the yen's value.
"It's important for currency rates to move stably. We are watching exchange-rate moves with heightened vigilance, including for any speculative moves," Kato told reporters after attending the first-day session of the Group of 20 finance leaders' gathering.
Kato said the G20 finance leaders did not discuss currency rate moves at Wednesday's meeting, and are ...
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