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Japan and the U.S. in sync on the yen, Katayama says

The Japan Times·Kazuaki Nagata·21 days ago
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#sanaetakaichi#usjapanrelations#scottbessent#satsukikatayama#forex#finance
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Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott Bessent at the Ministry of Finance in Tokyo

Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott Bessent at the Ministry of Finance in Tokyo | Finance Ministry / via AFP-JIJI

Finance Minister Satsuki Katayama said Tuesday after a meeting with U.S. Treasury Secretary Scott Bessent that the United States and Japan have been working well together in addressing the weak yen. 

“Regarding the recent foreign exchange trend, we agreed that Japan and the U.S. have been effectively coordinating,” Katayama told a news conference after the meeting at the Finance Ministry. 

“We confirmed that we will maintain this cooperation. I believe we have gained his full understanding,” she added. 

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