BOJ board member says yen fall is helping exports

Bank of Japan policymaker Yoshihisa Morimoto reassured markets of the central bank’s resolve to push on with monetary easing as a weaker yen and a pick-up in global demand look to be boosting the export-reliant economy.

Morimoto, a former utility executive, said the government also had a role in beating deflation, such as through deregulation and reforms to encourage more investment in new business areas.

via Business feed http://www.scmp.com/business/economy/article/1154554/boj-board-member-says-yen-fall-helping-exports