Masatsugu Asakawa, Deputy Minister of Finance, made the following statement:
- The volatility of the foreign exchange market has increased.
- We will check what is behind the recent moves in the foreign exchange market.
- We reaffirm the G-20 agreement on currencies.
- The digital currencies were not on our agenda at today's meeting.
- We discussed the impact of statements made by officials in Japan and the United States.
- We emphasize that we will not target specific levels of foreign exchange for competitiveness.
- Excessive and turbulent movements in the foreign exchange market have bad effects.
- I expect the digital currencies to be on the agenda of the G20 summit.
- The Bank of Japan has indicated that it will continue its easing policy to meet the inflation target.
