It is desirable that the currencies move in a stable manner, reflecting the fundamentals

Atsushi Mimura, Japan’s vice finance minister for international affairs and top currency official, said on Tuesday it was “desirable for currencies to move in a stable manner, reflecting fundamentals.”

Other comments

Our task is to reduce as much as possible the uncertain factors in foreign exchange policies.

Global policy makers are all trying to reduce uncertainties in communications.

No comments on current FX moves.

Short yen positions that had accumulated until mid-July were written off.

Close monitoring of market volatility.

Undesirable for market volatility to affect corporate activities.

I hope that exchange rates will reflect the changing phase of the Japanese economy as Japan emerges from deflation.

Will respond appropriately if necessary.