Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Thursday that the government wants the average minimum wage hiked to 1000 yen from the current hourly average minimum wage which is just over JPY900.
There is nothing further reported on the same.
USD/JPY was last seen trading at 130.11, almost unchanged on the day. The pair’s upsurge came on the back of a renewed upside in the US dollar alongside the Treasury yields.