Currency Alerts

Markets May Find Balance On Currency Exchange Rate: Japan's Minister Amari

Japanese economy minister Akira Amari said on Tuesday that the currency levels are expected to reach a balance corresponding to the relative strength of the Japanese economy and the market will find a stable point between currency's impact on exports and imports.

During a press conference after the government's regular Cabinet meeting, Amari told that he will not give further comments as to whether yen's excessive strength have been fully corrected or not.

Over the weekend, Amari said that yen's excessive strength was corrected a lot and further currency weakness is likely to negatively impact people's lives.

by RTTNews Staff Writer

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