Japan LDP’s Inada: Current yen rate not reflecting fundamentals of Japan

Chair of the Policy Research Council of the ruling Liberal Democratic Party (LDP) in Japan, Mr. Inada was out on the wires via Bloomberg last minutes, commenting on the exchange rate level and on overall economy.

Key Quotes:

Current yen rate not reflecting fundamentals of Japan

Japan's growth strategy is the most important of the 3 arrows

Labor market restructuring key for economic improvement

Japan needs to recruit more foreign workers

Sales tax increase next year still to be decided

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