Hiroshi Watanabe to End Term as Japan's Top Currency Official, Person Says

(Bloomberg) -- Hiroshi Watanabe will step down as
Japan's top currency bureaucrat after presiding over a 12
percent decline in the yen against the dollar, a Finance
Ministry official said.

Watanabe will be replaced as vice finance minister for
international affairs by Naoyuki Shinohara, the official said on
the condition of anonymity. The ministry usually reshuffles its
top personnel around this time of the year.


Read more at Bloomberg Currencies News