Japan: There are no current plans for specific discussions about the exchange rate with Besent

Japanese finance minister Katsunobu Kato said on Tuesday he does not have “current plans for specific currency discussions (Forex) with the US Treasury Secretary, Scott Besent.”

Additional quotes

He will work in negotiations with the US about tariffs.

He has not decided whether he will attend G20 meetings in South Africa.

We hope that the US position will change as we continue the trade negotiations.

It will take the necessary measures to help industries to deal with US tariffs while communicating with other agencies.

He has deepened the understanding with Besent on Forex, will continue the nearby coordination.

Source: Fx Street

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