Japan’s Kihara says government aims to secure market trust by stably lowering debt-to-GDP ratio
Japan's Chief Cabinet Secretary Minoru Kihara said during the European trading session on Thursday that the administration wants to secure market trust by stably lowering the government debt-to-GDP ratio.
Additional remarks
Government watching markets with very high sense of urgency.
Long-term interest rates are decided in markets based on various factors.
Market reaction
No immediate reaction was seen in the Japanese Yen (JPY) following remarks from Japan's Kihara. At press time, USD/JPY trades 0.17% lower at around 162.35.
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