By Makiko Yamazaki

TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said on Tuesday that the government will be vigilant for volatile movements on the currency market, as the yen slid to two-month lows past 150 to the dollar amid rising fiscal concerns.

“It’s important for currencies to move in a stable manner reflecting fundamentals,” Kato said at a regular news conference, when about recent foreign exchange moves.

“We will thoroughly monitor for excessive fluctuations and disorderly movements in the foreign exchange market,” he added.

The yen has been under pressure since Japan’s ruling party picked conservative Sanae Takaichi as its leader on Saturday. She is an advocate of late premier Shinzo Abe’s “Abenomics” strategy to boost the economy with aggressive spending and easy

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