TOKYO Dec 1 Japan's top government spokesman
said on Thursday the government will closely monitor the effects
of oil price gains on the economy, including on the broader
financial and capital markets.
Chief Cabinet Secretary Yoshihide Suga told a news
conference the government will continue to watch oil price moves
and international energy demand and supply.
The dollar stood around 114.40 yen on Thursday
after touching a 9-1/2-month high of 114.83 yen as oil prices
soared after the world's largest producers agreed to curb
production, pushing U.S. Treasury yields higher.
(Reporting by Kaori Kaneko; Editing by Shri Navaratnam)