Although the weakened yen did not come up for discussion at the latest meeting of finance leaders from the Group of Seven nations, Japan's planned economic measures met with skepticism.
Finance Minister Masajuro Shiokawa pledged at the Ottawa meeting late last week that Japan will step up efforts to resolve its economic woes, but Japan's G7 counterparts apparently remained unconvinced.
The market is looking to the government for quick action to clear the way for administrative reforms and an increased flow of money into the private sector of the economy.