South China Morning Post
South China Morning Post
AsiaPac · 8 hrs ago

US Treasury’s Bessent calls on Japan to boost yen through rate increases

Japanese Finance Minister Satsuki Katayama said on Monday she ‌met US Treasury Secretary Scott Bessent and agreed that orderly yen movement is critical for global market stability. The ⁠two countries also confirmed that ‌continued, cooperative measures would contribute to this common goal, ‌Katayama told reporters after attending the ⁠Group ⁠of 20 finance leaders’ gathering. She declined ‌to comment when asked if recent yen ‌moves ‌were orderly. Katayama and Bessent discussed ‌Japan’s…
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