TOKYO : Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching exchange-rate moves as stability in the currency market was"very important."
Suzuki made the remark as the dollar hit a more than five-year high above 118 yen on bets that the Bank of Japan, which announces its latest policy decision on Friday, would maintain its dovish stance despite rising inflationary pressures.
Source: News Formal (newsformal.com)
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