Economic news
Japan Finance Minister says he told U.S.’s Yellen recent yen falls are sharp
2022.04.22 03:11
FILE PHOTO: Japan’s Finance Minister Shunichi Suzuki prepares to ring a bell during the New Year ceremony marking the open of trading in 2022 at the Tokyo Stock Exchange (TSE), amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan, January 4,
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday he explained to U.S. Treasury Secretary Janet Yellen that recent yen falls were sharp.
“The government has said rapid currency moves were undesirable. What we’re seeing now with the yen are rapid moves, so we’ll monitor moves closely with a sense of urgency,” Suzuki told reporters after his meeting with Yellen.