Japan closely monitoring weak yen and bond market, finance minister says

FILE PHOTO: Japanese Finance Minister Shunichi Suzuki arrives for a news conference during the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 13, 2023. REUTERS/Susana Vera/File photoTOKYO: Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the negative implications of the current weakness in the yen and its effect on incentives to increase wages.

While a weak yen is a boon to exporters, it has become a headache for Japanese policymakers as it hurts consumption by pushing up the cost of raw material imports.

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Japan may need to smooth excessive yen moves, says Finance Minister SuzukiTBILISI : Japanese Finance Minister Shunichi Suzuki said on Friday authorities may need to smooth any excessive yen moves that hurt households and companies."It's desirable for exchange rates to move stably.
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Japan will work with counterparts on excessive FX moves, says finance ministerTOKYO: Japanese authorities will work closely with overseas counterparts to deal with excessive volatility in the foreign exchange market, Finance Minister Shunichi Suzuki said on Tuesday (Apr 23).
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