Takaichi: Economic Competitiveness Efforts to Sustain Yen Confidence

Japanese Prime Minister Sanae Takaichi emphasized her administration's commitment to strengthening Japan's economic competitiveness, which she believes will help sustain market confidence in the yen.

Takaichi stated that her government is not attempting to manipulate exchange rates, but rather seeks to improve Japan's global competitiveness through substantial investment in crisis management and growth areas.

According to Takaichi, the US Treasury Secretary Scott Bessent endorsed Japan's economic policy during recent bilateral talks, making no specific demands. She also noted that there is no change to Japan's stance of pursuing both a strong economy and sustainable fiscal policy.