TOKYO : Japan's top currency diplomat Masato Kanda warned against the yen's ongoing weakness on Wednesday, saying the authorities would take an appropriate response if moves become excessive.'We are closely watching currency moves with a strong sense of urgency,' Kanda told reporters. 'We will respond app
TOKYO : Japan's top currency diplomat Masato Kanda warned against the yen's ongoing weakness on Wednesday, saying the authorities would take an appropriate response if moves become excessive.
He stopped short of strengthening the warning from a similar one issued by the finance minister on Tuesday, in a sign there may still be some time before any intervention to stem the yen's weakening.
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