May 31, 05:32 AM

Japan's Finance Minister and Business Lobby Address Yen Weakening at Mid-150 Yen and Currency Stability

Japan's Finance Minister Suzuki emphasized the importance of stable currency movements that reflect economic fundamentals. He stated that the government is closely monitoring foreign exchange (FX) moves and is prepared to take all necessary measures to address currency fluctuations. Concurrently, the Deputy Head of Japan's Business Lobby Keidanren, Nagasawa, highlighted the need to correct the current weakening trend of the yen, which is at the mid-150 yen range, to help people cope with high living costs. Nagasawa stressed that a stable currency is crucial regardless of the levels, describing the current FX levels as excessively weak.

#Japan #Suzuki #Business Lobby Keidanren #Nagasawa

Written with ChatGPT (GPT-4o).

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PiQ@PiQSuite
2 years ago
⚠️ JAPAN BUSINESS LOBBY KEIDANREN DEPUTY HEAD NAGASAWA: WE NEED TO CORRECT THE CURRENT YEN WEAKENING TREND TO HELP PEOPLE COPE WITH HIGH LIVING COSTS
FinancialJuice@financialjuice
2 years ago
JAPAN BUSINESS LOBBY KEIDANREN DEPUTY HEAD NAGASAWA: WE NEED TO CORRECT THE CURRENT YEN WEAKENING TREND TO HELP PEOPLE COPE WITH HIGH LIVING COSTS.
First Squawk@FirstSquawk
2 years ago
JAPAN BUSINESS LOBBY KEIDANREN DEPUTY HEAD NAGASAWA: WE NEED TO CORRECT THE CURRENT YEN WEAKENING TREND TO HELP PEOPLE COPE WITH HIGH LIVING COSTS

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Japan's Finance Minister and Business Lobby Address Yen Weakening at Mid-150 Yen and Currency Stability

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