TOKYO : Japan won't rule out any options to deal with excessive currency volatility, Finance Minister Shunichi Suzuki said on Thursday, reiterating a warning against speculative moves on the yen which is struggling near 11-month lows against the dollar.
The yen has depreciated to near 150 per dollar, a level seen by financial markets as a red line that would spur Japanese authorities to intervene, like they did last year. Suzuki has repeated a similar warning earlier this week, seen by markets as an indication of Tokyo's discomfort with the yen's persistent weakness.
Source: News Formal (newsformal.com)
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