Monday, May 20, 2013

Reuters: US Dollar Report: Japan's Amari: hope FX strikes balance between impact on exports and imports

Reuters: US Dollar Report
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Japan's Amari: hope FX strikes balance between impact on exports and imports
May 21st 2013, 00:23

TOKYO | Mon May 20, 2013 8:23pm EDT

TOKYO May 21 (Reuters) - Japan's Economics Minister Akira Amari said on Tuesday he hopes that the foreign exchange market can strike a balance between the impact on Japanese imports and on exports.

Amari, speaking to reporters, said he hopes the yen settles at a level that is in line with the country's economic fundamentals. Amari also said he would not comment on whether a correction in excessive yen strength is over or not.

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