Takaichi Seeks Yen Support through Economic Growth Spending

Japanese Prime Minister Sanae Takaichi has spoken out on Japan's economic growth spending and its impact on the yen. In a recent statement, she emphasized that investment in crisis management and growth sectors will increase Japan's economic capacity and global competitiveness, helping to support market confidence in the yen.

Takaichi also noted that her economic policy aims to boost growth potential, not manipulate exchange rates. The yen has seen some gains recently, rising 3.3% against the dollar in the third quarter, but its value remains a concern for policymakers.

According to Takaichi, she discussed Japan's undervalued yen with US President Donald Trump last month and highlighted her plans to increase growth spending as part of efforts to support market confidence in the currency.