Reuters: US Dollar Report: Japan MOF Nakao sees dollar remaining key currency

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 MOF Nakao sees dollar remaining key currency Mar 4th 2013, 08:21 TOKYO, March 4 | Mon Mar 4, 2013 3:21am EST TOKYO, March 4 (Reuters) - Japan's top currency tsar, Takehiko Nakao, said on Monday that he saw the U.S. dollar as a key global currency for the foreseeable future and that Japan trusts the currency as a safe and reliable asset. Asked about yen's impacts on Japanese exports, the vice finance minister for international affairs declined to comment, only saying that exchange rates should be determined by markets as Japanese policy-makers should be prudent about commenting on currencies.

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