TOKYO :Japanese Finance Minister Shunichi Suzuki said there was"no truth" to media reports that he had discussed with U.S. Treasury Secretary Janet Yellen a joint currency intervention to stem yen weakness during their meeting last week.
The minister also stressed the need for currency stability, saying that rapid moves were undesirable, following the G7 agreement that excess volatility and disorderly moves can have adverse effects on economy and financial stability.
Source: News Formal (newsformal.com)
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