Wednesday, August 1, 2012

Reuters: US Dollar Report: Japan Furukawa: forex levels don't reflect fundamentals

Reuters: US Dollar Report
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Japan Furukawa: forex levels don't reflect fundamentals
Aug 2nd 2012, 03:39

TOKYO | Wed Aug 1, 2012 11:39pm EDT

TOKYO Aug 2 (Reuters) - Japan's Economics Minister Motohisa Furukawa said on Thursday that current currency levels do not reflect economic fundamentals and the government will take measures if necessary.

He also said he expects the Bank of Japan to continue taking powerful monetary easing steps.

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