Keizai Doyukai representative director Sakurada expressed concern at a regular press conference on the 30th, saying, "I can't help but say that the depreciation of the yen is a big negative for Japan today." .

On the 29th, the yen depreciated further in the Tokyo foreign exchange market, and the yen exchange rate temporarily fell to the 139 yen level to the US dollar for the first time in about a month and a half.



Keizai Doyukai chairman Sakurada said at a regular press conference on the 30th that the depreciation of the yen had been progressing, saying, ``I can't help but say that there is a big negative aspect for Japan today, where the economic structure of the past has disappeared.'' expressed concern.



He added, "The only way to correct the depreciation of the yen is to raise interest rates. The Bank of Japan is in a very difficult situation to see if it can raise the monetary policy," he said, acknowledging that Japan's monetary policy is entering a difficult phase.



On the other hand, Mr. Sakurada said, ``We are subsidizing gasoline costs as a countermeasure against inflation by using public finances, but it is only a short-term matter.'' I once again showed the idea that measures to connect are also necessary.