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Finance Minister Aso says US monitoring will not constrain Japan on FX
Japan's Finance Minister Taro Aso speaking earlier to reporters 1 May Japan's actions in the currency markets will not be constrained by the US adding them to new monitoring list over FX policies Japan will act as needed Late on Friday the US Treasury expressed concerns over economic policies in China, Japan, South Korea, Taiwan and Germany, due mostly to their large bilateral trade surpluses and a material current account surplus. The countries have been put on a new monitoring list under provisions of the Trade Facilitation and Trade Enforcement Act of 2015, also known as the Customs Bill, passed by Congress ... (full story)
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