Japanese Finance Minister Shunichi Suzuki has warned that "appropriate steps" may be taken to address excessive volatility in the foreign exchange market, saying such fluctuations are "absolutely intolerable."
The yen dropped to the mid-140 zone against the U.S. dollar on Sept. 2 in Tokyo, as it continues to fall to levels not seen in nearly a quarter of a century amid growing expectations that the Federal Reserve will continue aggressive interest rate hikes.