Japan finance minister Suzuki says rapid FX moves are undesirable

Japan finance minister Suzuki

• Forex fluctuations have both merits and demerits on the Japanese economy
• Will respond appropriately after analyzing impact of forex moves
• Rapid fx moves undesirable
• Important for currencies to move a stable manner, reflecting fundamentals

USD/JPY is up from lows around 139.60 on Monday. It hit above 141.20 earlier in the session here.

Suzuki's cage getting rattled.