TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Thursday the government was monitoring currency market movements with “high urgency” as the yen fell to a four-month low above 151 to the dollar.
Suzuki did not comment on currency intervention when asked by a reporter about the possibility of the government considering such a measure.
“I will not comment on the level of currencies. It is important that currencies move steadily, reflecting fundamentals. The government is closely monitoring market movements with a sense of urgency,” Suzuki told reporters at the Finance Ministry.