Finance Minister Satsuki Katayama said in an NHK interview on the 7th that Japan and the United States remain ready to intervene in currency markets without hesitation to stabilize exchange rates, and that she wants to pursue economic policies that can explain a strong yen. Finance Minister Katayama explained that she has held about ten meetings with US Treasury Secretary Scott Bessent to maintain communication, and stressed that it is crucial whether Japan's macro and micro policies can properly explain the fundamentals supporting a strong yen. She added that she is in frequent contact with the United States.
Finance Minister signals readiness to intervene and promote policies supporting a strong yen, strengthening JPY against USD.
