Svmuu News: Japanese Finance Minister Gotsuki Katayama said Friday that she would not comment on specific exchange rate levels, adding that the government is prepared to take appropriate measures in response to currency fluctuations. At a regular press conference, Katayama also emphasized that the Japanese government has been maintaining close contact with U.S. authorities regarding foreign exchange issues.Regarding the rise in Japanese government bond yields, she said the government would strive to implement fiscal policies that earn the trust of the markets.
Specific monetary policy is to be determined by Bank of Japan (BOJ), and it is expected that Bank of Japan (BOJ) will maintain close communication with the government and adopt appropriate monetary policies to achieve price stability. Regarding the economic blueprint at Bank of Japan (BOJ), she said there were no new developments at this time. (Jinshi)
Japan's Finance Minister Reiterates Commitment to Respond Appropriately to Yen Exchange Rate Movements
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