The Japan Chamber of Commerce and Industry urged the Finance Ministry on Thursday to prevent a further rise in the yen, saying foreign-exchange policy is one of the few policy options Japan can take to boost its economy.

“With economy-bolstering steps in the tax and fiscal areas limited, maintaining a level foreign-exchange rate is an important step that is left,” a ministry official quoted a JCCI member as saying in a meeting with Finance Minister Sadakazu Tanigaki.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.