News Formal

Japan Finance Minister: Closely watching forex impact on economy as yen falls

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

TOKYO :Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the economy and that foreign exchange stability was important.'I won't comment on the currency market itself, but stability is important above all,' Suzuki told reporters.'The go

TOKYO :Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the economy and that foreign exchange stability was important.

"The government will closely watch currency market moves and their impact on Japanese economy following that point," he said, when asked if the weakening yen was negative for the economy. The U.S. currency stood at 115.88 yen, after hitting Tuesday's high of 116.355, amid hawkish rhetoric from Fed officials and a strong U.S. jobs report. [USD/]

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan Finance Minister: Closely watching forex impact on economyTOKYO : Japanese Finance Minister Shunichi Suzuki said on Friday that he was closely watching any impact of currency moves on the Japanese economy and that foreign exchange stability was important.He was speaking to reporters after a cabinet meeting. (Reporting by Tetsushi Kajimoto; Editing
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »