Japan Finance Minister Aso - To take 'various steps' vs rapid FX moves

Reuters

18 April 2016 at 8:17 pm

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that he would take "various steps" against excessive currency moves, while declining to comment on the possibility of intervention to stem a rise in the yen. "Rapid currency moves, whether up or down, are unwelcome and stable currencies are most desirable," Aso told reporters after a cabinet meeting. "We will take various measures against a rapid yen rise or fall." (Reporting by Tetsushi Kajimoto; Editing by Chang-Ran Kim)

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