Katayama Gao Yue: Consensus reached with Bessent; intervention in the foreign exchange market will be undertaken if necessary
2026-08-07 20:43:19
According to CoinMeta, Japanese Finance Minister Satoru Katayama stated that he will continue to communicate with the market to maintain trust and has reached a consensus with U.S. Treasury Secretary Janet Yellen. Both parties believe that recent fluctuations in the foreign exchange market are driven by non-realistic demand, and neither will hesitate to intervene when necessary.
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