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Closely watching forex market moves: Japan Finance Minister Aso

Published 03/17/2016, 08:07 PM
Updated 03/17/2016, 08:10 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 Friday that he would closely watch foreign exchange market moves as the dollar fell to a 17-month low against the yen in response to a dovish statement from the Federal Reserve.

"I won't comment on this kind of subject, but I will pay close attention to market moves," Aso told reporters after a cabinet meeting, when asked about a yen's rise to the dollar and its effects on the Japanese economy.

The dollar had fallen to a low of 110.65 yen

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