Fukui says stronger yen may hold back recovery

Bank of Japan governor Toshihiko Fukui warned that the yen's recent surge against the dollar could hold back the nation's economic recovery.

"The expansion of exports and industrial output has stalled at the moment, but the Japanese economy as a whole continues to recover," Bank of Japan Governor Toshihiko Fukui said at a press briefing in Tokyo yesterday after the bank released its monthly economic report. Manufacturing and exports will rebound because "overseas economies continue to expand a

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