Reuters: US Dollar Report: Japan Azumi: won't rule out any possible steps on yen

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Japan Azumi: won't rule out any possible steps on yen Aug 1st 2012, 03:24 TOKYO | Tue Jul 31, 2012 11:24pm EDT TOKYO Aug 1 (Reuters) - Japanese Finance Minister Jun Azumi said on Wednesday he would not rule any possible step against excessive moves by the yen. He made the comment to reporters at his ministry after answering questions about currencies in parliament, where he said the central bank should not buy foreign assets for the purpose of affecting currency rates. Some lawmakers have argued that the BOJ should buy foreign assets to weaken the yen and thus support the export-reliant economy. The dollar hit a two-month low against the yen on Wednesday, falling as low as 77.90 yen on trading platform EBS, its lowest level since June 1.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions