Bloomberg News

Yen Weakens After Japan’s Azumi Speaks With G7 Leaders

June 05, 2012

The yen weakened after Japanese Finance Minister Jun Azumi said that Group of Seven nations will co-operate in relation to extreme currency moves. The currency traded at 78.70 per dollar as of 22:20 p.m. in Tokyo, from 78.26 per dollar as of 21:30 p.m. Azumi spoke after a G7 conference call.

To contact the reporter on this story: James Mayger in Tokyo at jmayger@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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