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Katayama and Bessent Agree on Need for Coordinated Action in Foreign Exchange

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JPY
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Japan's Finance Minister Satsuki Katayama confirmed that he and US Treasury Secretary Scott Bessent agree on the need for continued, coordinated action on foreign exchange (FX).

Katayama said in a statement that there is a shared understanding with Bessent on the significance of joint FX intervention.

When asked if current Yen rates are in order, Katayama declined to comment.

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