TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Tuesday a weak yen helps lift exports but also increases costs for companies by pushing up import prices.
“We will closely watch the impact of currency moves on Japan’s economy,” Kishida told parliament, when asked by an opposition lawmaker on how the government would respond to excessive yen declines.
(Reporting by Leika Kihara and Tetsushi Kajimoto; Editing by Andrew Heavens)
