Japanese Prime Minister Fumio Kishida in a recent interview with Japanese media addressed the yen's decline against the US dollar, refraining from any direct attempts to influence the exchange rate.
He emphasized the close coordination between the government and the Bank of Japan (BoJ), noting that the two consistently work in tandem to achieve economic growth, higher wages, and stable inflation.
Kishida also conveyed the government's commitment to taking steps to permanently overcome deflation, while not explicitly advocating for a weaker yen.
