Japan urges G20 to be vigilant to excessive FX volatility

10/24/2024

Less than a minute

2024.10.24 15:10

© Reuters. FILE PHOTO: Japan's Finance Minister Katsunobu Kato attends a press conference at the finance ministry in Tokyo, Japan October 2, 2024. REUTERS/Issei Kato/File Photo

WASHINGTON (Reuters) – Japan told its Group of 20 (G20) counterparts that authorities must be vigilant to excessive currency market volatility and spillovers from each member’s macroeconomic policy, its finance minister Katsunobu Kato said on Thursday.

“I told the G20 meeting that volatility remained high in the currency market,” Kato told a news conference after attending the two-day meeting of G20 finance leaders held in Washington.

10/24/2024

Less than a minute

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