Japan finance minister Suzuki remarks crossing news wire sources:
- Need to be vigilant about the very fast pace that credit concerns spread globally
- No comment on specific means of BOJ policy, but expect the BOJ to work closely with govt and guide appropriate policy steps under the new governor
- Important for forex to move stably reflecting fundamentals
- Govt watching FX moves carefully
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The next BOJ meeting is on April 27 and 28. New Governor Ueda will be in place.