An official at the Ministry of Finance is quoted on Reuters saying the Swiss approach on FX is not an option because it would mean abandoning monetary policy. He said as long as deflation continues, upward pressure on the yen will be sustained.
An official at the Ministry of Finance is quoted on Reuters saying the Swiss approach on FX is not an option because it would mean abandoning monetary policy. He said as long as deflation continues, upward pressure on the yen will be sustained.
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