FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. REUTERS/Issei Kato
TOKYO : Japan and the United States confirmed their resolve to closely communicate on exchange-rate issues, Japan’s top currency diplomat Masato Kanda said on Tuesday.
“Excess volatility and disorderly currency moves could hurt economic and financial stability,” Kanda told reporters, as the yen weakened to multi-year lows against the U.S. dollar.
Source: Reuters