Japan· TatsunoJapan Finance Minister Katayama on Yen Valuation and Policy Demands
Japan's Finance Minister Katayama discusses yen valuation, denies unilateral policy demands from the US, and clarifies discussions regarding the Bank of Japan's policy.
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Japan Finance Minister Katayama on Yen Valuation and Policy Demands
First report 5h agoLast update 4h agoThe US and Japan ministries confirmed no unilateral policy demands were made.
There was no discussion from Bessent regarding the Bank of Japan's policy.
Bessent believes the yen is undervalued primarily due to interest rate gaps.
Interventions in Japanese Yen Exchange Rate
First report 9h agoLast update 9h agoThe Bank of Japan and US Treasury are actively preventing a 'breakout' in the Japanese Yen's exchange rate.
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