Japan PM Kishida: Must look at both positive, negative aspects of weak yen

  • Japan PM Kishida speaking on the currency

Japan PM Kishida is on the wires again (see earlier comments here).

  • Must look at both positive, negative aspects of weak Yen
  • Weak Yen is positive for export at Japan firms with assets overseas, but hurts households, businesses by pushing up raw material costs
  • Government will aim to stabilize the forex moves with economic policy that reduces outflow of domestic income, boost inflows of funds

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