Japan's Suzuki: The weak yen has positive and negative aspects

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Japan's Suzuki: The weak yen has positive and negative aspects
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Japanese Finance Minister Shunichi Suzuki said on Tuesday that there are both advantages and disadvantages of the weak Japanese Yen (JPY), but he is more concerned about the negative aspects of the weak JPY.

Japan ese Finance Minister Shunichi Suzuki saidonTuesdaythatthere are both advantages and disadvantages of the weak Japan ese Yen , but heis more concerned about the negative aspects of the weak JPY. Key quotes “Market dialogue key as long-term rates increase.” “Aims for appropriate national debt policies in Japan .” “Hopes for wage hikes above inflation pace.” “Plans wage increases to combat deflationary mindset.” “Both advantages and disadvantages of weak Yen.

How do the decisions of the Bank of Japan impact the Japanese Yen? One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners.

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