Japan finance minister Aso is never short of a word or two

  • Won't fret about every up and down in currencies
  • Undesirable for currencies to fluctuate rapidly
  • Will stick with plan to achieve primary budget balance in FY2020/21
  • Will communicate with new US administration for stability of currencies

USD/JPY had has a bit of a wobble the past half hour or so, from above 115 to circa 114.70. Hopefully that isn't too 'rapid' for Aso.