Japanese Finance Minister Suzuki says he has no comment on exchange levels … proceeds immediately to discuss the level of the yen ….
- Weak yen helps exporters, but increases import costs for some businesses and consumers
- forex stability is important
- closely monitoring currency movements and their impact on the Japanese economy
- says Prime Minister Kishida instructed him to work on tax system to improve jobs
Kishida shifts her focus from Abenomics to greater help for workers.
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