TOKYO (AFX-ASIA) - Adminstrative Vice Minister in the Finance Ministry Toshiro Muto said that the government is ready to take appropriate action if the dollar/yen moves excessively and out of line with underlying fundamentals. Asked whether the Bank of Japan's economic assessment, due out later today, will pressure the yen beyond the current 125/dollar levels, Muto said: "The dollar/yen should reflect economic fundamentals but we cannot comment on what levels match the fundamentals. "If the dollar/yen shows sharp fluctuations beyond (what is justified by) fundamentals, the government will take appropriate action," he said.