Japan's finance minister notes that the yen is weakening but says he has no comment on FX levels

Japan's relatively new finance minister Suzuki. Learning the ropes.

Its a bit of a no-no for government ministers to make comments on their currency levels.

The agreement amongst the big economies is not to discuss FX rates. Many ignore this of course.

Suzuki:

• yen is weakening
• no comment on FX levels
• stability in currencies is important
• will continue to watch FX moves

Mentioning 'stability' is a G7-approved comment.