Japan's Noda: watching forex market closely
(For more stories on the Japanese economy, click [ID:nECONJP])
TOKYO, July 30 (Reuters) - Japanese Finance Minister Yoshihiko Noda said on Friday that he was closely watching the foreign exchange market, when asked about the yen's rise to an eight-month high against the dollar.
He also said that he would take a sincere look at a proposal from a group of ruling party lawmakers aimed at beating deflation.
The government is doing its utmost to pull the economy out of deflation, he told reporters. (Reporting by Tetsushi Kajimoto)
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