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TOKYO, July 9 (Reuters) - Japan's top government spokesman said on Thursday that excessive currency moves are undesirable as they would hurt the stability of Japan's economy and financial markets.
Chief Cabinet Secretary Takeo Kawamura told a news conference that he is closely watching market moves, after the yen hit a five-month high against the dollar and a two-month peak versus the euro the previous day.
The dollar edged down 0.1 percent from late U.S. trade to 92.80 yen. It hit a five-month trough of 91.80 on trading platform EBS on Wednesday. (Reporting by Tetsushi Kajimoto)