By Megumi Fujikawa
Japanese Finance Minister Shunichi Suzuki said he plans to explain the nation’s recent yen-buying intervention to the Group of 20 nations at the coming meeting.
Mr. Suzuki said Tuesday that he has made efforts to gain the understanding of other nations on Japan’s currency intervention and believes that Japan has gained a certain level of understanding from the U.S.
The finance minister also repeated his caution against the yen’s depreciation. “We will take appropriate action if there are any excessive moves” in the foreign-exchange market, he said.
Write to Megumi Fujikawa at megumi.fujikawa@wsj.com
