Japan Fin Min Aso: Monetary easing has many positive effects

Speaking at an event in Tokyo, Japan's Finance Minister Taro Aso is delivering standard-fare lines on Japan's monetary policy.

Key highlights

Aso doesn't think the direction of monetary policy has been wrong.

Wages within Japan have been rising.

Japan's jobless rate remains low, heading lower.

Japan will provide local currency funding to Japanese banks in China.

Japan has a swap agreement in place for exchanging Yuan and Yen as needed.