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Aso: Must be extremely reserved in discussing specific FX rates

Published 05/23/2016, 11:16 PM
Updated 05/23/2016, 11:16 PM
© Reuters. Japan's Finance Minister Aso delivers his policy speech at the lower house of parliament in Tokyo

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that he must be extremely careful in discussing specific forex rates.

"(Dollar/yen) is around 109 yen now, and if I said it would be good if it settled around that level, we're in an era where that kind of comment would immediately become news. So I have to be extremely reserved about making that kind of comment," he told parliament.

© Reuters. Japan's Finance Minister Aso delivers his policy speech at the lower house of parliament in Tokyo

Earlier, the Nikkei business reported that Aso told parliament only that it would be good if dollar/yen settled around 109 yen.

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