Japan's Finance Minister Shunichi Suzuki (pictured) said Tuesday that the foreign exchange rate should be left to the market. He did not indicate any immediate plans for future yen intervention, signaling that market forces should primarily guide the yen's value.
Speaking to reporters, he emphasized that forex interventions are rare and only used when necessary. The finance minister acknowledged both the positive and negative effects of a weak yen on Japan's economy and stressed that the government's goal is economic growth alongside maintaining fiscal health.
