Yen's Rapid Fall Not Driven by Fundamentals: Japan Finance Chief

Yen's Rapid Fall Not Driven by Fundamentals: Japan Finance Chief
Tokyo, Nov. 30 (Jiji Press)--The yen's recent rapid depreciation against other major currencies is clearly not driven by economic fundamentals, Japanese Finance Minister Satsuki Katayama said in a television program on Sunday, cautioning against speculative moves on the foreign exchange market. "It's our position to sound the alarm" on such a situation, the finance minister told the program...