15-04-2016 04:32 via news.yahoo.com

Japan told U.S. concerned about recent 'one-sided' forex moves: Aso

Japanese Finance Minister Taro Aso said on Thursday he told U.S. Treasury Secretary Jack Lew that Tokyo was deeply concerned about recent one-sided currency moves. "I told (Lew) that excessive volatility and disorderly currency moves would have a negative impact on the economy. Aso also said he agreed with Lew that a G20 agreement to avoid competitive currency devaluation did not constrain monetary policy steps aimed at domestic purposes, such as the adoption of negative interest rates.
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