Japan’s Matsuno: Yen’s recent weakening could have an immediate impact on Japan's economy

Japan’s Chief Cabinet Secretary Hirokazu Matsuno warned on Thursday about the ill effects of the ongoing depreciation in the yen on the economy.

Key quotes

Yen’s recent weakening could have an immediate impact on Japan's economy.

Closely watching how FX is moving.

There is a sense of urgency.

FX stability is important.