Japan says yen's fall 'too rapid'

JAPAN - Japan's finance minister has said the yen has been falling too fast, remarks which prompted the currency's biggest rally since September.

The yen has fallen more than 10% against the US dollar in the past two months with the apparent blessing of the Japanese government, which was thought by analysts to see benefits for Japanese exports.

Finance minister Masajuro Shiokawa's comments came after the yen hit a fresh low of 133.37 to the dollar on Wednesday.

The currency's decline to 39-mon

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