Kan Hopes Any Action on Yen Won’t Prompt Complaints Overseas
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Japan’s Prime Minister Naoto Kan said he is ready to act as needed to curb the yen’s advance, adding that he hopes foreign countries don’t object should the government intervene.
Kan said today in Tokyo that getting international cooperation to halt the yen’s rise is “difficult,” given that both the European Union and the U.S. are content to see their currencies weaken to boost exports.