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How Japan's ex-vice finance minister views US-Japan relations, forex rate

Yen's short-term movements must be based on interest-rate differential, says Tomomitsu Oba

Tomomitsu Oba, former vice finance minister for international affairs

TOKYO -- As the world prepares for Donald Trump to be sworn in as U.S. president on Jan. 20, attention has turned to the outlook for U.S.-Japan relations and the impact on the foreign exchange markets.

Trump is frequently compared to former U.S. President Ronald Reagan, who turned politician after his acting career. They are both Republicans, too.

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