TOKYO -Japan Finance Minister Shunichi Suzuki said on Tuesday the government will continue to analyse the impact of the strengthening yen on the economy and respond appropriately.
The U.S. dollar fell to a more than one-year low versus the yen, trading below the key 140 mark on Monday on speculation the Federal Reserve could deliver a 50-basis-point interest rate cut at its policy meeting this week. He noted that the yen has been trading above an average 145 to the dollar that Japanese firms assume for the second half of the fiscal year, but their earnings and financial conditions have been generally healthy.
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