Japan’s Kato: Hope to have a meeting with US Treasury Sec. Bessent to discuss forex

13 May 2025, 01:39 by Dhwani Mehta · FXStreet

Japanese Finance Minister Katsunobu Kato said on Tuesday that “if have a chance, hope to have a meeting with US Treasury Secretary Scott Bessent to discuss forex.”

Additional quotes

Making preparations to join G7 meetings in Banff.
Possible to discuss the tariff deal if a meeting with Bessent is realised.
Will closely monitor the US-China tariff deal.
Won’t comment on forex levels.
Will closely watch out markets developments caused by the US-China tariff deal.

Market reaction

At the press time, USD/JPY is losing 0.34% on the day, trading near 147.95.

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