Japan and the U.S. in sync on the yen, Katayama says

Finance Minister Satsuki Katayama said Tuesday after a meeting with U.S. Treasury Secretary Scott Bessent that the United States and Japan have been working well together in addressing the weak yen. 

“Regarding the recent foreign exchange trend, we agreed that Japan and the U.S. have been effectively coordinating,” Katayama told a news conference after the meeting at the Finance Ministry. 

“We confirmed that we will maintain this cooperation. I believe we have gained his full understanding,” she added.