Japan MOF official: Markets set FX moves, no comment on yen levels

Foreign exchange-rate moves are determined by markets, a senior Japanese finance ministry official said on Friday after the dollar’s rise above 100 yen to a four-and-a-half-year high. “Markets determine currency moves. I will not comment on specific (dollar/yen) levels,” he told reporters ahead o…

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Japan MOF official: Markets set FX moves, no comment on yen levels

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