高市総理、円安ホクホク発言による世界の誤解に、怒りの英語ツイート

高市早苗@takaichi_sanae

Prime Minister’s Post on X

It seems that some in the press have misunderstood my remarks on exchange rates at the speech event yesterday.

My intention was not to say whether yen appreciation or yen depreciation is good or bad, but to note that “we want to build a strong economy that is resilient to exchange rate fluctuations”.
In other words, I stressed the necessity of domestic investment to strengthen Japan’s “supply capacity”.

While the government continuously monitors developments in financial markets, including foreign exchange markets, I refrain from making specific comments on such developments in my capacity as Prime Minister, as I mentioned at the speech event.

In the past, rapid yen appreciation hollowed out domestic industries, which became a major issue.
With the recent depreciation of the yen, high prices, such as for energy and food, pose a challenge.
It is only natural for the government to address this challenge. To this end, we have introduced concrete measures to tackle high prices, and have been working to ensure their swift implementation.

Regarding the impacts of yen depreciation on the economy, I mentioned both the negative and positive aspects in general terms:
• On the negative side, it increases burdens on households and businesses due to higher import prices.
• On the positive side, it promotes domestic investment and boosts corporate revenue by increasing exports of domestically produced goods. It also improves income from abroad, such as interest and dividend receipts, including those from foreign bonds held in the Foreign Exchange Special Account.

What I intended to convey was solely that “we want to build a strong economy that is resilient to exchange rate fluctuations”. Contrary to some media reports, I did not “stress the benefits of yen depreciation”.
I hope this clarifies my true intention.
https://x.com/takaichi_sanae/status/2017869715776147915