TOKYO, Dec 19 (Reuters) – Japanese Finance Minister Satsuki ‍Katayama said on Friday that Tokyo would take appropriate action ‌to deal ‌with any excessive volatility in the foreign exchange market.

“We are ​clearly seeing one-sided, sharp ‍moves ​in half a ​day or those ‍few hours,” Katayama told reporters after she attended an online ‍meeting with her Group of Seven ‍counterparts.

“We ‍will respond ​appropriately to ​excessive ⁠moves, including those ‌driven by speculators,” she said.

(Reporting by Makiko Yamazaki; Editing by Hugh ⁠Lawson)

AloJapan.com