Market News
As pain from weak yen deepens, Japan's ex-currency chief Kanda warns of action - REUTERS
By Tetsushi Kajimoto and Makiko Yamazaki
TOKYO, Nov 13 (Reuters) - Japan will act appropriately against excess movements on the foreign exchange market, former currency chief Masato Kanda told Reuters, issuing a warning as the country continues to feel pain from a weaker yen.
Kanda, now a special adviser to Prime Minister Shigeru Ishiba and the finance ministry, said in an interview that currency market volatility had increased reflecting recent changes in monetary policies and political situations in major countries.
