Japan vows to maintain orderly yen moves

Japan pledged to maintain orderly currency moves through close communication with the United States following a broad dollar rise triggered by the US Federal Reserve rate hike.

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FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Japan will maintain orderly USD/JPY moves through close communication with the United States, officials said on Thursday. The pledge follows a renewed currency slide triggered by a rate increase.

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