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Japan, US finance chiefs did not discuss currency levels during talks

Japan, US finance chiefs did not discuss currency levels during talks

NHK22-05-2025

Japan's Finance Minister Kato Katsunobu and US Treasury Secretary Scott Bessent apparently did not discuss the issue of currency levels when they met on Wednesday on the sidelines of a gathering of finance leaders from the Group of Seven nations in Canada.
The Treasury Department reports the two discussed matters, such as global security and the US-Japan trade issue.
The department says Bessent and Kato "reaffirmed their shared belief that exchange rates should be market determined and that, at present, the dollar-yen exchange rate reflects fundamentals."
It notes that the two finance chiefs did not talk about foreign exchange levels when they met last month.

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