TOKYO (Reuters) -Japanese Finance Minister Satsuki Katayama on Tuesday expressed concern over recent foreign exchange movements, as the yen sank to fresh nine-month lows versus the dollar.
“As we have recently been seeing one-sided, rapid moves in the foreign exchange market, we have been alarmed,” Katayama said at a regular news conference.
“The government will thoroughly monitor for excessive fluctuations and disorderly movements in forex market, with a high sense of urgency,” she said.
(Reporting by Makiko Yamazaki; Editing by Jacqueline Wong)
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