Japanese business lobby Keidanren's head Masakazu Tokura said on Monday, it’s too early for the Bank of Japan (BOJ) to debate altering monetary policy settings, especially in the face of the sharp depreciation in the yen, Reuters reports.

Key quotes

"Sharp currency moves are undesirable.”

“While a weak yen used to be good for Japan's economy, it was "not that simple" nowadays.”

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