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TOKYO -Japan stands ready to take “decisive” steps in the foreign exchange market if excessive yen moves persist, Finance Minister Shunichi Suzuki said on Monday, in a fresh warning against investors selling off the Japanese currency.
“It’s important for currencies to move stably, as sharp and one-sided moves are undesirable,” Suzuki said in a post-cabinet meeting news conference, referring to the yen’s recent sharp declines.
