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Japan has tools to smooth out yen moves, says ex-finance ministry exec

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Japan has tools to smooth out yen moves, says ex-finance ministry exec

Japanese authorities cannot control yen levels with currency intervention but they have various tools to smooth out volatile moves driven by speculators, former top finance ministry bureaucrat Yasushi Kinoshita said on Monday.

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Japan has tools to smooth out yen moves, says ex-finance ministry exec

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Japan has tools to smooth out yen moves, says ex-finance ministry exec

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