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Japan's top currency diplomat signals vigilance against speculative moves, potentially supporting JPY via intervention risk.
Japan's Vice Finance Minister for International Affairs, Masato Kanda, said on Thursday that the government remains on high alert regarding currency moves, and that it has been in constant communication with U.S. monetary authorities even after the G20 finance ministers and central bank governors meeting held in the United States through the previous day. Speaking to reporters at the Ministry of Finance, he signaled vigilance against speculative market moves.
Japan's top currency diplomat signals vigilance against speculative moves, potentially supporting JPY via intervention risk.