Meanwhile, Reuters quoted Kishida as saying that excessive fluctuations in the Japanese currency due to speculation cannot be ignored. In his speech at the New York Stock Exchange on Thursday, Kishida said his government would act “with a high level of vigilance” and intervene to support the currency if necessary. The yen has hit a 24-year low recently.
“In principle, the exchange rate is determined by the market, but I don’t think we can overlook the repetition of excessive…
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