Japanese Finance Minister Shunichi Suzuki (pictured) pointed out on Thursday that excessive forex exchange moves are "undesirable", adding that the Japanese government will consider all possible steps to respond to such moves.
In addition, Suzuki stated that it is very important for currencies to move "in a stable manner, reflecting fundamentals."
Regarding the recent Japanese yen decline to a 34-year low, the minister said that it is more relevant to focus on the background of the yen's depreciation than on "the levels themselves."
