Japan’s Suzuki: Weak yen is both positive and negative for economy

Japanese Finance Minister Suzuki is making some comments on the economic outlook and the exchange rate value, in light of the Russia-Ukraine war.

Key quotes

Recent market moves are bit large.

Not considering compiling economic package, extra budget.

Uncertainty emerging over the Ukraine situation, economy and financial markets.

Weak yen is both positive and negative for economy.

Currency stability is important, rapid moves undesirable.