Japan’s Asakawa: Must monitor Brexit impact from medium, long-term perspective

Japan’s senior Ministry of Finance (MOF) official, Mr. Asakawa is now crossing the wires, via Reuters, responding to the latest collapse in the GBP.

Key Quotes:

“Must look at Brexit impact from medium-, long-term perspective, when asked about fall in sterling”

“G20 nations broadly agreed global economy growing moderately though various risks, including political ones, exist”

“G20 finance leaders debated sluggish global trade, impact of low commodity prices on emerging economies”

“G20 finance leaders debated impact of ultra-low interest rates on bank profits”

“There was no major debate at the G20 meeting in Brexit or Deutsche bank”