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Japan, US finance chiefs affirm close coordination on currency: Katayama

From mainichi.jp

Japanese Finance Minister Satsuki Katayama said Tuesday she agreed with U.S. Treasury Secretary Scott Bessent to closely coordinate on movements in the currency market during talks held after a recent intervention to stem the yen's depreciation against the dollar. "We are in good coordination regarding recent currency movements," Katayama told reporters after meeting Bessent at the Finance Ministry in Tokyo, noting that Japan's stance has been "fully supported." Bessent is visiting Tokyo ahead of U.S. President Donald Trump's two-day meeting with Chinese President Xi Jinping in Beijing from Thursday. Japanese ... (full story)

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  • Category: Fundamental Analysis