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Japan’s Fujii: Don’t want to be labelled as backing a strong yen

By   || September 18, 2009 at 09:35 GMT
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USD/JPY trading marginally firmer this morning, presently up at 91.35 from early 91.20.

Latest comments from Japanese Finance Minister Fujii

  • Don’t want to be labelled as backing a strong yen (easy answer to that, but i’m too polite to spell it out)
  • Competing to drive currencies low no good for world economy
  • Shouldn’t comment on yen rates (bingo)
  • Natural for yen rates to be set on economic conditions
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