Japan PM Kishida says yen's falling real effective exchange rate reflects low inflation
TOKYO (Reuters) - Japanese prime minister Fumio Kishida on Friday said Japan's low inflation is a background factor for the falling real effective exchange rate of its currency yen.
"It's desirable for foreign exchange rates to be stable reflecting economic fundamentals, and the government will keep a close eye on economic and market trends," Kishida also said in a parliamentary session.
(Reporting by Kantaro Komiya; Editing by Christopher Cushing)
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