Japan's finance minister wants to discuss forex with Bessent at G7

Business and Finance Business and Finance

Tue, May 13, 2025

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Japan's finance minister wants to discuss forex with Bessent at G7

Japan's finance minister wants to discuss forex with Bessent at G7

^{Published on 2025-05-13 03:00:43 -}

Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign exchange.

Japan's Finance Minister Shunichi Suzuki is preparing to attend a meeting of Group of Seven (G7) finance ministers and central bank governors in late May 2025, as stated by Japan's top currency diplomat Masato Kanda on May 13, 2024. Kanda also mentioned that the exact date and location for the meeting have not yet been finalized. Additionally, he noted that Japan is closely monitoring currency market movements and is prepared to take action against excessive volatility, emphasizing the importance of currencies moving stably and reflecting economic fundamentals.

Read the Full reuters.com Article at:
[ https://www.reuters.com/world/asia-pacific/japan-finance-minister-preparing-attend-g7-bessent-meeting-possible-2025-05-13/ ]

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