| Asia's policy makers braced for a surge in capital flows that threaten to push up currencies and hurt exports after the US sovereign-rating downgrade, with nations from Japan to the Philippines pledging to stem excessive foreign exchange moves.
Japan is ready to sell yen again following last week's move if it sees speculative trades driving the currency higher, Vice Finance Minister Fumihiko Igarashi said on a television programme of public broadcaster NHK on Sunday..............................................Full Article: Source
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