Japan’s Senior Govt Official Kihara: No such thing as good or bad in currency rates Japan USDJPY Currencies
In an interview with Reuters, Japanese Deputy Chief Cabinet Secretary Seiji Kihara voiced a similar opinion to that of his colleagues, citing that the government would closely watch the impact of a softer yen on the economy.Govt will closely watch impact of yen moves on economy.Specific monetary policy up to BOJ to decide, when asked whether BOJ should raise interest rates to stem yen falls.USD/PY was last seen trading at 128.61, down 0.20% on the day, having witnessed a volatile Asian session.
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