Japan LDP Tax Chief Amari: Japan to act quickly to address any tax hike fallout

Dhwani Mehta FXStreet

After Japanese planned sales tax hike took effect on Tuesday, Japan’s ruling Liberal Democratic Party (LDP) Tax Chief Amari responded saying that Japan will act quickly to address any tax hike fallout.

Nothing further is reported on the same.

Meanwhile, USD/JPY holds steady around 107.70, consolidating Tuesday’s steep decline from eight-day tops of 108.46 after the US dollar was broadly dumped on disappointing US ISM Manufacturing PMI data.

US purchasing managers’ index plunges to decade low

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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