Japan finance minister vows action on forex volatility

PARIS, May ​18 (Reuters) - ⁠Japanese Finance ​Minister Satsuki Katayama said ​on Monday ‌that the ⁠government is prepared to ⁠take ​appropriate action against foreign exchange volatility as speculative ​moves ‌continue to sway the markets.

Speaking to ​reporters after the ‌first day of a Group ‌of Seven finance leaders' two-day gathering, Katayama ​said there is consensus that ‌global bond sell-offs have been caused ⁠by ⁠oil prices and ‌the closure of ​the Strait ​of ‌Hormuz. (Reporting by Makiko Yamazaki, Editing by William Maclean)