A stronger Yen has further deteriorated the worries of Japan, the Finance Minister of Japan; Yoshihiko Noda has announced that the Government and the Finance Ministry are in the process of looking at various angles through which they can control a stronger Yen.

Mr. Noda further promised to take decisive steps if found to be required in the FOREX market.

The announcements by the Minister were made after a high-level meeting took place between the policy-makers of Japan and experts from the private sector.

Meetings like these are likely to take place further in the near future, as Japan would be looking to execute policies in order to help its economy to get back on the track to recovery.

The Yen has been making strong strides and has attained a fifteen year high due to a weakening Dollar and the Chinese buying huge amounts of the currency. Exports in Japan have faced severe short-comings and have also been losing out to competition abroad. Though, a stronger Yen has helped with imports being cheaper.

The Chinese investors in a move had purchased financial assets of Japan, which were worth 583bn Yen. The purchase of yen-assets by China at this point of the time though seems to be troubling Japan, as they are already reeling under a strong Yen.