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Japan PM Abe: will not comment on market moves
June 7, 2013 / 4:06 AM / in 4 years

Japan PM Abe: will not comment on market moves

TOKYO, June 7 (Reuters) - Japanese Prime Minister Shinzo Abe declined to comment on market movements on Friday after the yen marked its biggest one-day climb against the dollar in three years the day before.

“I don’t want to comment on market movements,” said Abe, speaking during a joint news conference with French President Francois Hollande, who is on a three-day visit in Tokyo.

Stock and currency markets in recent days have taken some wind out of “Abenomics,” a policy prescription of sweeping fiscal and monetary expansion aimed at breaking years of deflation and reviving the world’s third-biggest economy.

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