TOKYO, Sept 22 Japan's top currency diplomat
said on Thursday that Japanese financial authorities are
watching for speculative currency market moves and would respond
Masatsugu Asakawa, vice finance minister for international
affairs, said "We are worried that there are nervous moves in
the currency market."
He added that authorities will continue to monitor the
currency market in the evening even more carefully than usual.
"If speculative moves continue to be seen, we are ready to
take necessary action," he said.
Asakawa was speaking after a meeting involving the finance
ministry, Financial Services Agency and the Bank of Japan.
In the meeting, the officials discussed global market issues
including the BOJ's new framework.
(Reporting by Yoshifumi Takemoto; Writing by Ayai Tomisawa;
Editing by Richard Borsuk)