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Japan's finance minister says yen not weak, blurting out rate

Aso points out currency is not 120 to the dollar

Finance Minister Taro Aso speaks at a meeting of the lower house's finance committee on Feb. 15.

TOKYO -- Japanese Finance Minister Taro Aso raised eyebrows Wednesday by mentioning a specific exchange rate when he denounced the now-common description of the nation's currency being soft.

The yen "has yet to reach 120 [to the U.S. dollar]. This level shouldn't be called 'a weak yen,'" he told a meeting of the lower house's finance committee.

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