Japanese financial officials warn of continued speculative fluctuations in the yen and suggest possible intervention again.
Japanese finance minister Junz Mimura said on Friday that speculative fluctuations in the market are still ongoing, indicating a clear signal that Tokyo is prepared to intervene to support the yen exchange rate. When asked if the Japanese government will intervene in the foreign exchange market, Mimura told reporters, "I will not comment on future actions. But I can tell you that Japan's 'Golden Week' holiday has just begun."
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