- Japan’s Suzuki: Weak yen is boost to exports but lead to higher prices for importers
Market news
13 May 2022
Japan’s Suzuki: Weak yen is boost to exports but lead to higher prices for importers
Japanese Finance Minister Shunichi Suzuki is on the wires again, via Reuters, continuing with its take on the yen price action.
Key quotes
Recent rise in Japan’s prices due mostly to global commodity inflation rather than forex moves
FX stability is important, recent rapid moves are undesirable.
Weak yen is boost to exports but lead to higher prices for importers.
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