Japan Finance Minister expects BOJ to steer monetary policy appropriately

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TOKYO : Japanese finance minister Shunichi Suzuki said on Thursday he expected the Bank of Japan to conduct monetary policy appropriately, when asked about the view that the central bank's aggressive stimulus had helped drive down the yen.'Currencies move on various factors,' Suzuki told reporters, emphas

TOKYO : Japanese finance minister Shunichi Suzuki said on Thursday he expected the Bank of Japan to conduct monetary policy appropriately, when asked about the view that the central bank's aggressive stimulus had helped drive down the yen.

"Currencies move on various factors," Suzuki told reporters, emphasising the importance of stability in exchange rates and saying that rapid moves are undesirable.

 

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