PM Takaichi clarifies remarks that could be seen as backing weaker yen

TOKYO - Japanese Prime Minister Sanae Takaichi on Sunday sought to clarify remarks she made the previous day that could be seen as backing a weaker yen, amid concern over possible volatile currency moves before markets reopen.

In a speech at a street rally in Kawasaki near Tokyo on Saturday, Takaichi praised the yen's recent depreciation for boosting exporters and returns from the government's foreign exchange fund, while failing to address concerns about its negative impact on consumer prices.