Japan’s Suzuki: Weak yen has both merits and demerits
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Japanese Finance Minister Shunichi Suzuki is on the wires now, via Reuters, reiterating his take on the recent depreciation of the yen.
Despite the verbal intervention, the Japanese yen is keeping its pullback intact from session highs of 142.85 against the US dollar. The USD/JPY pair was last seen at 143.25, down 0.19% on the day.
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