TOKYO (Aug 3): Japan’s top currency diplomat, Masatsugu Asakawa, said on Wednesday that foreign exchange moves were nervous and that he would watch the market closely.
Asakawa, the vice finance minister for international affairs, made the remarks to reporters at the ministry.
The dollar fell to a three-week low of 100.68 yen on Tuesday after the Japanese government approved a largely expected set of stimulus measures. It was trading around 101.20 yen on Wednesday. – Reuters
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Source: The Edge