Japan won39;t rule out any options vs yen Matsuno
Important for currencies to move stably Matsuno
Govt spokesperson39;s remarks echo those of FX diplomat
Yen fall puts BOJ39;s meeting under spotlight
TOKYO, Sept 21 Reuters Japan won39;t rule out any options in addressing excess volatility in currency markets, the government39;s top spokesperson said on Thursday, issuing a fresh warning against the yen39;s decline towards the psychologically important 150mark per dollar.
Chief Cabinet Secretary Hirokazu Matsuno also said he hoped the Bank of Japan, holding a twoday policy meeting that ends on Friday, takes appropriate policy towards achieving its 2 inflation target.
It39;s important for currencies to move stably reflecting fundamentals, Matsuno told a regular briefing, when asked about the yen39;s recent declines.
The government will monitor currency market developments with a high sense of urgency, and respond appropriately without ruling out any options, he said.
A hawkish pause by the U.S. Federal Reserve pushed the Japanese yen down to around 148.39 against the dollar on Thursday, near the 150 level seen as Tokyo39;s lineinthesand for possible currency intervention.
Matsuno39;s remarks echo those by top currency diplomat Masato Kanda, who told reporters on Wednesday the authorities won39;t rule out any options if excessive moves persist.
Kanda also said Tokyo was in close contact with Washington on currencies, shortly after U.S. Treasury Secretary Janet…