Japan PM adviser: Weak yen positive for Japan's economy

In an interview with Reuters, Japanese PM Abe’s adviser, Yasutoshi Nishimura, commented on the exchange rate level and BOJ’s monetary policy.

Key Headlines:

Weak yen is positive for Japan's economy as it lifts corporate profits, won't comment on FX levels

Natural for dollar to rise vs yen on expectations of improvement in US economy

BOJ likely to continue easy monetary policy, changes in US economic, market conditions may affect its policy decision

Abe unlikely to call snap election for time being as passing extra budget, next year's budget is priority