Japan PM: Will Work With BOJ on Yen

TOKYO—Japanese Prime Minister Naoto Kan said over the weekend that he will "carefully monitor" the yen's exchange rates and cooperate closely with the Bank of Japan to deal with the stronger currency.

"Though I have been on summer holidays, the yen strengthening has been bothering me," Mr. Kan on Saturday told reporters in a town in Nagano prefecture, midwestern Japan, where he had taken his short summer vacation.

Mr. Kan also said he will "communicate with [Bank of Japan Gov. Masaaki Shirakawa] in a way that's ...

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