Kato arranging meeting with Bessent to discuss currencies
Japan's finance minister says he is trying to arrange a meeting with the US treasury secretary next week to discuss currency rates and other issues.
Kato Katsunobu has said in a news conference he is planning to attend a gathering of finance leaders from Group of Seven nations in Canada. He said he is hoping to meet Scott Bessent on the sidelines.
They had a one-on-one meeting during a G20 gathering in the US last month. Finance ministry officials said Bessent did not raise the issue of currency targets, or any framework for managing exchange rates.
They agreed to keep in close consultation on currency issues.
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