Japanese Finance Minister Taro Aso: Exchange rate trends do not match fundamentals.
Japanese Finance Minister Katsunobu Kato said that the exchange rate trend does not match the fundamentals. Kato told reporters that the authorities will make every effort to respond to exchange rate fluctuations at any time, referring to the comments on "bold action" on Monday. Kato stated that she observed significant overall volatility in the financial markets. The yen briefly strengthened, reaching a high of 159.08 yen per dollar.
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