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Japan, guarding against weaker yen, urges G7 to reaffirm forex agreement

japan times
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Japan called on other Group of Seven countries to reaffirm their agreement on exchange-rate policy, Finance Minister Shunichi Suzuki said on Thursday, a sign Tokyo remains on guard against the risk of further sharp declines in the yen.

Suzuki said he hoped the G7 finance leaders take into account Tokyo’s call in a communique to be issued after their two-day meeting ends on Friday.

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