TOKYO, Feb 8 (Reuters) – Japan must take a “professional” approach in tapping its huge foreign reserves to fund spending and tax cuts as doing so would not be easy, Finance Minister Satsuki Katayama said on Sunday.<\/p>\n
\n Tapping foreign reserves could be an option given recent yen moves, though doing so could cause problems as the reserves are used to conduct currency intervention, Katayama said in a television programme.<\/p>\n
\n “The prime minister understands this point well. We would need to look at markets and decide what the most effective asset management is for Japan, so that we are taking a professional approach that does not cause any problems,” she said.<\/p>\n
\n “If necessary, we would like to seek dialogue with markets on Monday in various forms,” she said.<\/p>\n
(Reporting by Leika KiharaEditing by Chang-Ran Kim)<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO, Feb 8 (Reuters) – Japan must take a “professional” approach in tapping its huge foreign reserves to…\n","protected":false},"author":2,"featured_media":288342,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,123],"class_list":{"0":"post-288341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-ie","11":"tag-ireland","12":"tag-markets"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/288341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=288341"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/288341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/288342"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=288341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=288341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=288341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}