Japan will respond appropriately to excessive volatility in the foreign exchange market, its top currency diplomat says in a fresh warning against "speculative" and "disorderly" yen moves after market talk of interventions last week.
Japan is closely watching currency movements and is ready to take all necessary steps, Finance Minister Shunichi Suzuki says, amid market caution about intervention to slow the yen's fall to 34-year lows against the U.S. dollar.
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