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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