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Japan, US may discuss FX in trade talks, Finance Minister Kato says

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Japanese Finance Minister Katsunobu Kato said on Wednesday trade negotiations with the United States could include discussions on foreign exchange rates.
Japan and the United States may discuss foreign exchange issues during their upcoming trade talks, according to Japanese Finance Minister Shunichi Suzuki and Chief Cabinet Secretary Hirokazu Matsuno. This comes in the context of the yen weakening to a one-year low against the dollar, prompting concerns about potential currency intervention by Japan. Suzuki emphasized the importance of stable currency movements based on economic fundamentals, while Matsuno noted that excessive volatility in the yen's value is undesirable. The discussions are part of broader trade negotiations, with the next round of talks between Japan and the U.S. scheduled to take place soon.

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[ https://www.msn.com/en-us/money/markets/japan-us-may-discuss-fx-in-trade-talks-finance-minister-kato-says/ar-AA1Cz5hc ]