FXStreet (Mumbai) – Japan’s economy Minister Akira Amari was on the wires declining to comment on the monetary policy as it could create confusion.
Amari maintained that monetary policy decisions are upto the Bank of Japan (BOJ). A few minutes back government officials also said they are watching currency markets. The comments are hardly surprising since the Yen has strengthened across the board in the New Year due to risk aversion.
(Market News Provided by FXstreet)