(Seoul=Yonhap Infomax) Yong Wook Kwon – Japanese Finance Minister Satsuki Katayama has pointed out that the recent foreign exchange market has exhibited one-sided and rapid movements.


At a press conference on the 21st, responding to questions about the yen's movement, Katayama stated, "Foreign exchange intervention is one option to address excessive volatility and speculative moves."


He added, "I will not comment on the specific level of the exchange rate," emphasizing, "It is important for foreign exchange rates to move stably, reflecting fundamental principles."


Regarding the upcoming economic stimulus measures, Katayama said, "We will issue government debt as needed to finance parts of the stimulus package."


ywkwon@yna.co.kr

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