Japan finance minister Suzuki
- Forex moves are driven by various factors
- the government is watching FX developments carefully
- its important for FX to move stably, reflecting fundamentals
and, on the Bank of Japan:
- won't comment in advance on what the government expects from BOJ
- hope the BOJ guide policy appropriately, working closely with the government, to sustainably achieve the 2% inflation target
The yen has slid lower rapidly, Suzuki trying to temper the pace of decline:
