Japanese Finance Minister Satsuki Katayama will attend next week's G20 meeting, stating that the joint intervention statement reached with US Treasury Secretary Scott Bessent "remains valid."
Japanese Finance Minister Satsuki Katayama stated on Friday that she will attend next week's G20 Finance Ministers' meeting in Asheville, USA, and reiterated that the joint intervention statement coordinated with US Treasury Secretary Scott Bessent last month was "very strong and remains effective." The market is closely watching whether Satsuki Katayama can hold another bilateral meeting with Scott Bessent during the conference to gauge their willingness for further coordination on the yen's movements. Bank of Japan (BOJ) Governor Kazuo Ueda is also expected to attend the G20 meeting, and US Treasury Secretary Scott Bessent has previously expressed his anticipation of meeting Ueda. Despite Satsuki Katayama reiterating her stance, the yen, after briefly jumping to 155.20, has fallen back to around 160, and its weak pattern has not fundamentally changed.
Source:华尔街见闻 · Source Link
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