Japan top currency diplomat: would respond firmly to excessive FX moves

TOKYO (Reuters) – Japan would firmly respond to any excessive currency fluctuations, its top currency diplomat Masato Kanda said, following the yen’s sharp fall to a 32-year low to the dollar.

Each country would respond appropriately to an agreement on foreign exchange market moves by the Group of Seven (G7) and G20 meetings last week, he said.

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