Japanese Finance Minister Fujii on the Wire
Written November 25, 2009 at 10:11 PM EST by Alex Chernomordin
Japanese Finance Minister had the following comments to which the market had a muted reaction:
- Respects that US sees strong dollar in its interest.
- Need to take action on abnormal currency movements, watching currency movements for now.
This is the second night in a row that the finance minister has commented on currencies. Yesterday stating that the appreciation of the Yen is due to the depreciation of the USD.
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