Wednesday, May 2, 2012

Reuters: US Dollar Report: Japan finmin says voiced concerns about yen's rise

Reuters: US Dollar Report
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Japan finmin says voiced concerns about yen's rise
May 3rd 2012, 02:05

MANILA | Wed May 2, 2012 10:05pm EDT

MANILA May 3 (Reuters) - Japan's finance minister said on Thursday he expressed concerns about the rise of the yen in a meeting with his counterparts from China and South Korea.

Finance Minister Jun Azumi, in Manila for the Asian Development Bank's annual meeting, also said Japan will start buying small amounts of South Korean bonds and that it was desirable to expand the variety of assets in his country's foreign reserves.

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