Japanese Finance Minister Shunichi Suzuki said on Friday that he is closely monitoring foreign exchange (FX) fluctuations. Suzuki further stated that he will prepare to take full steps on the currency. However, he declined to comment on forex and policy details.
Key quotes
“Declines to comment on forex and policy details.”
“We will take all necessary measures when needed.”
“He is closely monitoring currency fluctuations.”
“There are positive and negative elements of weak yen.”
“Prepared to Take Full Steps on FX.”
“Concerned about negative effects of weak yen.
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