Japan’s Ishihara: Want to closely watch market moves and analyze their impact – RTRS

Japanese economy minister Ishihara is on the wires now, via Reuters, commenting on forex and reiterating the rhetoric that the government is closely monitoring fx moves.

Key Quotes:

“Government and Bank of Japan share understanding for the need to encourage growth and escape deflation”

“No comment on specific FX levels”

“Want to closely watch market moves and analyze their impact”

“Important to have some spread between short- and long-term JGB yields”dh