Japan's top foreign exchange official Atsushi Mimura: Exchange rate fluctuations have been too rapid in recent days.

Japan's top foreign exchange official Atsushi Mimura said on the 12th that recent movements in the foreign exchange market appear to have been too rapid. He made the remarks while answering reporters' questions at the Ministry of Finance, but declined to comment on the current exchange rate level. He also mentioned the yen-buying intervention conducted this summer, saying that "it is still too early to forget the memory of that time." In the foreign exchange market on the morning of the 12th, the yen was trading above the 159 yen range against the dollar, lower than in the evening of the previous trading day.