Japanese Finance Minister Shunichi Suzuki said Thursday he and U.S. Treasury Secretary Janet Yellen agreed to closely communicate on currency movements amid the yen's recent rapid decline to a 20-year low against the U.S. dollar."I have said the currency's rapid fluctuations are undesirable, but the movements are fast indeed. We have to monitor the developments with vigilance," Suzuki told a press conference after his first face-to-face meeting with Yellen in Washington.The two met a day after a gathering of finance chiefs of the Group of 20 major economies.They also reaffirmed that they wi…READ FULL ARTICLE
