- Yen moves are correction phase from one-sided gains
- Criticism of yen policy is misplaced (so button it!!)
- BOJ not trying to competitively devalue the yen
- Monetary measures aimed at ending deflation
- He is in close contact with G-20
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Japan FX chief Nakao: Watching yen, to take appropriate action
Japan FX chief Nakao: Watching yen, to take appropriate action
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