Japan to maintain close communication with US on currency markets, Katayama says
Tokyo, September 11 - Japanese Finance Minister Satsuki Katayama indicated on Friday that her government will maintain frequent dialogue with the United States to ensure stable foreign exchange markets. Katayama made these remarks during a routine press conference, stating that Japan's policy stance remains unchanged since the coordinated intervention between the two nations and the issuance of a joint statement.
She emphasized the importance of ongoing communication with the U.S. Treasury to uphold orderly foreign exchange markets. When questioned about U.S. Treasury Secretary Scott Bessant's recent warning to those speculating against the yen, Katayama described his remarks as a candid articulation of his market outlook, consistent with someone who has a background in hedge funds.
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