Following talks between Bessent and the Governor of the Bank of Japan, U.S. authorities indicated that they place importance on supporting a stronger yen and avoiding excessive volatility in foreign exchange markets. The U.S. Treasury disclosed the details of the talks, and it was reported that the U.S. side asked Japan to curb the yen's weakness.
Bessent and the Governor of the Bank of Japan held talks.
Reports say that, after the U.S. Treasury disclosed the details of the talks, the U.S. side is seeking to curb the yen's weakness through monetary policy and market intervention.
The move indicates an intention to support a stronger yen while containing excessive volatility in foreign exchange markets, and attention is focused on Japan's response going forward.
Some reports have also pointed to a direction toward foreign exchange stability through policy coordination between Japan and the United States.