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Japan FinMin Official: The recent movement in the Yen has been too volatile

Bloomberg reports comments from a Japanese Finance Ministry official attending the G20 meeting in Buenos Aires, as saying that the recent movement in the Yen has been too volatile.

The official further noted that the Yen movement is out of sync with the economic fundamentals while adding that the strength in the Yen has stemmed in part from sharp and repeated drops in US stocks in February.

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