Japan's Asakawa says Trump presidency won't change Japan FX policy - Nikkei

In an interview with the Nikkei, published via Reuters, Japan’s top currency diplomat, Masatsugu Asakawa, noted that the Japanese currency policy is not expected to change after the US President-elect Donald Trump takes office in January.

Key Headlines:

Japan guides exchange-rate policy based on an agreement among the Group of Seven advanced economies that highly volatile currency fluctuations are undesirable for the economy, a stance that won't change after Trump becomes president

Trump's stance on exchange rates was still unclear as his remarks suggested he was looking at both the costs and benefits of a strong dollar to the US economy