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Kishida says rapid yen movements are 'undesirable'

Japan prime minister calls for long-term steps to mitigate currency's weakness

Japanese Prime Minister Fumio Kishida speaks to Nikkei at the prime minister's office in Tokyo on May 20. (Photo by Ken Kobayashi)

TOKYO -- Japanese Prime Minister Fumio Kishida said he sought stability in foreign exchange markets as the yen remains close to a 20-year low against the U.S. dollar.

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