Japan’s Akazawa: Weak Yen has various impact on economy

Japan’s Economy Minister Ryosei Akazawa said on Friday that a “weak Yen has various impacts on the economy.”

Additional quotes

Won’t comment on forex levels.

Important for currencies to move in stable manner reflecting fundamentals.

Market reaction

At the time of writing, USD/JPY is back below 152.00, trading at around 151.90, still adding 0.06% on the day.