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Japan finance minister says markets should set FX rates after yen weakens

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TOKYO  –Japanese Finance Minister Shunichi Suzuki said on Friday after the yen fell to a six-month low against the dollar that currency rates should be set by markets based on economic fundamentals.
“Currency rates should be determined by markets based on fundamentals,” Suzuki told a news conference after a regular cabinet meeting.
“We will continue to watch market moves closely.

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