Japan continues to assess impact of stronger yen


Finance Minister Shunichi Suzuki said the stronger yen could affect the economy, both positively and negatively through various channels. — Reuters

TOKYO: Japan Finance Minister Shunichi Suzuki says the government will continue to analyse the impact of the strengthening yen on the economy and respond appropriately.

“Our stance has been that currency rates should be determined by markets reflecting fundamentals, but rapid fluctuations are not desirable,” Suzuki said, speaking in a regular post-cabinet meeting news conference.

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