Japan's Chief Cabinet Secretary Hayashi and Finance Minister Suzuki have expressed concerns over the volatility in the foreign exchange market, emphasizing the importance of stable currency movements that reflect economic fundamentals. Both officials are closely monitoring the situation with a high sense of urgency and have not ruled out taking measures to address excessive fluctuations. Suzuki highlighted the negative impacts of a weak yen on consumers and businesses due to rising import prices and is in communication with top currency diplomat Kanda. Additionally, Suzuki mentioned that Japan's stance on Russia must comply with international laws, expecting G7 discussions on sanctions and asset freezing against Russia. Suzuki also noted the potential for BOJ's monetary policy tweak to narrow interest rate gaps and lead to a stronger yen, while stressing the need for fiscal sustainability given the current rise in prices and interest rates.