Japan's Finance Minister Shunichi Suzuki and Chief Cabinet Secretary Yoshihide Hayashi are closely monitoring foreign exchange movements, particularly in response to recent volatility and the yen's decline to a 34-year low against the dollar. Suzuki has expressed readiness to take all necessary measures to stabilize the market and has refrained from commenting on the rapidity or excessiveness of the FX movements, stating that excessive FX volatility is undesirable and it's important for currencies to move in a stable manner reflecting fundamentals. Additionally, Suzuki held bilateral discussions with U.S. Treasury Secretary Janet Yellen, agreeing to closely communicate on FX issues. This commitment was further solidified in a trilateral meeting with U.S. and South Korean finance leaders, where they agreed to consult closely on foreign exchange and market developments.