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Katayama warns G20 on yen volatility as global markets waver

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JPY
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Japanese Finance Minister Satsuki Katayama has renewed warnings about the yen’s weakening state, following recent market turbulence. Speaking after meetings in Bangkok with global finance leaders, Katayama emphasized the need for heightened vigilance in financial markets. His remarks come as Japan’s currency faces renewed pressure and bond selloffs spread worldwide.

Katayama reiterated Japan’s existing commitments on foreign exchange during the Group of 20 discussions. He urged policymakers to monitor financial markets with a high sense of urgency, citing growing instability in recent weeks. The finance minister’s comments reflect broader concerns over currency volatility amid shifting economic conditions.

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