Forex
globalreutersMarch 3, 20251 Mins read
Japan finance minister Kato says Japan is not devaluing the yen
globalreutersMarch 3, 20251 Mins read Japan finance minister Kato
- Japan is not pursuing a policy of devaluaing the yen
- I have confirmed with US Treasury Secretary Bessent our basic stance on forex
- I won’t comment on foreign leaders have to say
ICYMI over the past decade or so, Japanese authorities say super-loose monetary policy is in order to combat deflation and low inflation, the weak yen is just a side effect.
USD/JPY update:
This article was written by Eamonn Sheridan at www.forexlive.com.
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