TOKYO: Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that “appropriate” steps would be taken to deal with the yen’s sharp drop versus the US dollar, reported Xinhua.“We’ve seen some rapid, one-sided moves lately. The government will continue to closely monitor developments in the currency market with a sense of urgency and respond appropriately to excessive moves,“ Suzuki told a press briefing on the matter.Suzuki has said with regards to the US-dollar-yen pairing that excess volatility in foreign exchange markets is undesirable and currency moves should be based on economic fundamentals.Financial authorities’ recent warnings about the yen’s drop and hints at an interventio
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