Japanese Finance Minister Katayama says won't comment on specific FX levels, but reiterates ready to respond appropriately to currency moves

Says:

  • Will conduct appropriate economic policy and monetary situations.
  • No change in our stance about FX policy.
  • Will conduct fiscal policy with efforts to gain market trust, when asked about higher JGB yields.
  • Specific monetary policies are up to the BoJ.
  • Expect BoJ to conduct appropriate monetary policy while coordinating with the government.
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