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Japan's Finance Minister, Katsunobu Kato, and the United States Treasury Secretary, Scott Bessent, will hold a meeting this week at which the yen should be one of the main topics of discussion, although sources say that Tokyo will oppose any request to appreciate the currency. Some analysts believe that Washington will pressure Tokyo to help prop up the yen.
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Japan To Push Back On U.S. Pressure To Strengthen Yen
The last major occasion when the U.S. pressured Japan into strengthening the yen was in 1985, when Washington led the G7 in a coordinated depreciation of the dollar under the Plaza Accord. The post Japan To Push Back On U.S. Pressure To Strengthen Yen appeared first on StratNews Global.
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Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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