Japan's chief currency diplomat, Masato Kanda, is urging the country to implement structural reforms to address economic issues and enhance international competitiveness. Kanda emphasized the need for action amid the weak yen and highlighted the importance of monitoring and responding to speculative and excessive foreign exchange (FX) moves. He conveyed this message during discussions with the G7, stressing that Japan is prepared to take appropriate measures to counter disorderly moves in the FX market any time. Kanda's remarks reflect Japan's commitment to maintaining stability in its currency markets and efforts to include relevant language in the G7 Communique.