TOKYO (Reuters) – Japan Finance Minister Shunichi Suzuki stated on Tuesday the federal government will proceed to analyse the influence of latest foreign money strikes on the Japanese economic system and reply appropriately.
“Speedy strikes on the foreign money market are usually not fascinating,” Suzuki stated, talking in an everyday post-cabinet assembly information convention.
The U.S. greenback fell to a greater than one-year low versus the yen on Monday on hypothesis the Federal Reserve may ship a 50-basis-point rate of interest lower at its coverage assembly this week.