Japan's Finance Minister Katayama says important to appropriately gauge tax revenues and will do best to estimate tax revenue accurately with higher transparency, adds constantly improving the way to gauge tax revenues
ORIGINAL · NewsquawkJapan's Finance Minister Katayama says important to appropriately gauge tax revenues and will do best to estimate tax revenue accurately with higher transparency, adds constantly improving the way to gauge tax revenuesRead originalHide original
Says: Won't comment on specific FX levels. PM Takaichi has said yen's undervaluation is problematic. It's important to ensure stable FX markets. Can't say current levels are good or bad. Conditions have improved from before and need to avoid disorderly movements. Government remains ready to take action against disorderly FX moves.
Katayama discussed more transparent tax-revenue estimates and said current FX levels could not be judged, while emphasizing market stability and readiness to address disorderly moves.
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Says: Won't comment on specific FX levels. PM Takaichi has said yen's undervaluation is problematic. It's important to ensure stable FX markets. Can't say current levels are good or bad. Conditions have improved from before and need to avoid disorderly movements. Government remains ready to take action against disorderly FX moves.
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