Fujii denies favoring stronger yen
Finance Minister Hirohisa Fujii said people are wrong to think he is in favor of a stronger yen, even as the currency rose Monday to its highest level since January on speculation the government won't step in to the foreign-exchange market to help the country's exporters.
The Japanese yen weakened against major currencies in Asian trade on Tuesday afternoon following the Bank of Japan's surprise decision to further ease monetary policy.