Japan FM and US Treasury Secretary Yellen Confirm Existing Foreign Exchange Agreements

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Japanese Finance Minister Shunichi Suzuki and US Treasury Secretary Janet Yellen met on Thursday and agreed to maintain existing exchange agreements

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Japan | US Treasury


Bloomberg


Japanese Finance Minister Shunichi Suzuki and US Treasury Secretary Janet Yellen met on Thursday and agreed to maintain existing exchange rate agreements, with Suzuki saying they discussed recent sharp moves in the yen.

Suzuki declined to say whether the two men had spoken of market intervention to support the yen. He said the talks focused more on the state of their economies than on currency concerns.



“We discussed the existing Group of Seven thinking on foreign exchange,” Suzuki said.


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First published: Saturday, April 23, 2022. 00:38 IST

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