Global Economy
Japanese Finance Minister Katayama says won't comment on FX levels and reiterates that they are ready to respond appropriately on currency moves at any time as needed and prepared to take decisive action if needed
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Minister Katayama reiterated readiness for 'decisive action' against yen volatility. Authorities are shifting to surprise intervention tactics as the yen struggles near 40-year lows despite previous record-scale currency support.
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