Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that stable foreign change (FX) levels are desirable. Hayashi emphasized the importance of maintaining strong confidence in the Japanese Yen (JPY).

Key quotes

The addition of Japan to the US currency monitoring list does not mean that Japan's foreign exchange policy is a problem

Stable Forex levels are desirable

Important that forex rates reflect fundamentals

Will continue to closely monitor moves in the forex market

Emphasizes the importance of maintaining strong confidence in the yen.

Emphasizes the importance of stable forex movements