Japan’s Suzuki: FX rate moves are driven by the market and various factors
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Japanese Finance Minister Shunichi Suzuki said on Friday, FX rate moves are driven by the market and various factors.
“A weak Yen has various impacts on Japan’s economy such as exports, import prices.”
“Current account balance, Japan’s stance on fiscal reform also affect long-term market trust on the Yen.”
USD/JPY was last seen trading at 138.65, down 0.10% on the day.
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