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We will seek to meet fiscal targets and increase the minimum wage – Suga

Japanese Prime Minister Yoshihide Suga said Wednesday that your government will seek to achieve fiscal objectives, including achieving a primary surplus. The government will also work to increase the national average minimum wage to JPY1,000 an hour (about $ 9) soon, Prime Minister Suga added.

Market reaction

The USD/JPY it was not affected by the statements and kept trading around 109.45. The cross remains stable on Wednesday even despite falling Treasury yields.

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