Japan’s Finance Minister Katsunobu Kato met with US Treasury Secretary Janet Yellen to discuss recent fluctuations in the foreign exchange market. This meeting followed Kato's heightened warnings regarding the yen's rapid decline. Both officials agreed to maintain open communication to share insights on the situation.
Japan's Finance Minister Katsunobu Kato has heightened the urgency of monitoring currency fluctuations as the yen reaches a near three-month low against the dollar. He expressed concerns over "one-sided, rapid moves" in the forex markets and emphasized vigilance against speculative trading.
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