Reuters: US Dollar Report: Japan MOF official: Markets set FX moves, no comment on yen levels

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Japan MOF official: Markets set FX moves, no comment on yen levels May 10th 2013, 07:28 AYLESBURY, England | Fri May 10, 2013 3:28am EDT AYLESBURY, England May 10 (Reuters) - Foreign exchange-rate moves are determined by markets, a senior Japanese finance ministry official said on Friday after the dollar's rise above 100 yen to a four-and-a-half-year high. "Markets determine currency moves. I will not comment on specific (dollar/yen) levels," he told reporters ahead of the Group of 7 finance leaders' weekend meeting in the outskirts of London.

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