Katayama Heads to G20 as Yen Debate Continues
Japan's Finance Minister Satsuki Katayama will attend next week's G20 meeting in Asheville, North Carolina. She aims to contribute to discussions on global economy and international finance.
Katayama said she'd like to 'contribute in discussions around the global economy and international finance.' Bank of Japan Governor Kazuo Ueda is also expected to attend the gathering.
The market's focus is on whether Katayama will meet US Treasury Secretary Scott Bessent on the sidelines, following their joint currency intervention last month. The yen has been a key point of discussion since then.
Katayama acknowledged that the administration's efforts to boost investment and strengthen Japan's growth potential will help enhance the yen's credibility by boosting its global competitiveness.