Japan PM Kishida says government must look at pros and cons of weak yen

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TOKYO : Japanese Prime Minister Fumio Kishida said on Tuesday the government must look at both the positive and negative impact a weak yen could have on the economy.'A weak yen is positive for exports and Japanese companies with overseas assets. But it hurts people's livelihood and businesses by pushing u

TOKYO : Japanese Prime Minister Fumio Kishida said on Tuesday the government must look at both the positive and negative impact a weak yen could have on the economy.

"A weak yen is positive for exports and Japanese companies with overseas assets. But it hurts people's livelihood and businesses by pushing up prices," Kishida told a television programme."We need to look at both the positive and negative aspects of a weak yen," he added.

 

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