Japan’s Isozaki: Exchange rate stability is 'extremely important'

When commenting on the yen’s decline, Yoshihiko Isozaki, the Japanese Deputy Chief Cabinet Secretary, said on Wednesday, the exchange rate stability is important and, therefore, they will monitor currency movements carefully.

Key quotes

“Govt watching currency moves carefully.”

“Exchange rate stability is 'extremely important.

“Weak yen, rising energy costs, risk cooling consumption.”