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Japan business lobby chief says rapid forex fluctuation undesirable

ReutersApr 22, 2025 7:13 AM

- The head of Japanese business lobby Keidanren, Masakazu Tokura, on Tuesday said rapid foreign exchange fluctuation is undesirable and that currencies must stabilise as much as possible to reflect economic fundamentals.

Tokura was speaking after the U.S. dollar fell below 140 yen.

He also welcomed Japan and the United States engaging in tariff talks earlier this month.

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