The next Bank of Japan governor does not have to be from the Ministry of Finance although the individual needs to have experience managing a large organisation, Japanese Finance Minister Taro Aso said on Friday.

“It’s inappropriate to choose someone who does not have experience managing a big organisation,” Aso told a news conference after a cabinet meeting.

Aso declined to comment on specific foreign exchange levels but said it is important for currencies to move in a stable manner.

Source: Reuters