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Past statistics show the economic conditions in our major export markets, such as Europe, China and the United States, matter more than the foreign exchange rate," he said, adding that the market is having a "schoolbook reaction" to the weak yen.
The remaining 18 percent increase was due to higher sales volumes, favorable pricing impact, favorable foreign exchange rates and improved operating efficiencies.
It is natural for foreign exchange rates to move as they are traded in the market, but a sharp fluctuation is not desirable,'' Yosano said during a news conference when asked about the yen's current rise versus the U.
Declining to comment on the current dollar-yen exchange rates, Tanigaki told reporters that if foreign exchange rates are judged as not moving in line with economic fundamentals, Japan will ''take appropriate action at an appropriate time.
It claims it can offer foreign exchange rates up to 5 percent lower than bank-offered rates.
Such factors include increasing price and product competition by foreign and domestic competitors, fluctuations in cost and availability of raw materials and energy, the ability to maintain favorable supplier relationships and arrangements, economic and political conditions in international markets, foreign exchange rates and fluctuations in such rates, and the unpredictability of existing and possible future litigation, including litigation that could result if the asbestos settlement discussed in PPG's filings with the Securities and Exchange Commission does not become effective.
Global Banking News-March 25, 2014--Bank of Canada planning changes to foreign exchange rates
Japanese monetary authorities will monitor currency fluctuations carefully, as volatility in foreign exchange rates will affect business sentiment, Vice Finance Minister for International Affairs Zembei Mizoguchi said Thursday.
Translation exposure stems from differences in foreign exchange rates between consolidation dates and the effects of these changes on the valuation of a company's assets and liabilities abroad.
Among these factors are unforeseen changes in our customers' businesses or in the demand for our products, increasing price and product competition by foreign and domestic competitors, fluctuations in cost and availability of raw materials and energy, the ability to maintain favorable supplier relationships and arrangements, economic and political conditions in international markets, foreign exchange rates and fluctuations in such rates, and the unpredictability of possible future litigation, including litigation that could result if the asbestos settlement discussed in PPG's filings with the SEC does not become effective.

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