Japan’s Finance Minister Satsuki Katayama said it is “clear” that volatile yen swings aren’t “moving based on fundamentals,” in the latest expression of the government’s frustration over the currency.
Katayama, who commented during a Fuji TV program on Sunday in Japan, said she won’t comment on specific yen levels. She has previously said on various occasions that it’s important for the yen to move stably reflecting fundamentals.
AloJapan.com