A transcript of the FT’s interview with Yasuo Fukuda, Japan’s prime minister, conducted at his official residence in Tokyo on November 12

Financial Times: Just before I ask you about some of the recent political events, I would just like to ask you a couple of economic questions partly based on today’s events. First, the yen has gone to Y110 to the dollar, it’s strengthened quite a lot. According to Mr Machimura, chief cabinet secretary, that’s not really a problem for Japan, possibly a sign of strength. Do you agree with that?