Japan, U.S. agree "orderly" yen rates crucial for financial stability

Japanese Finance Minister Satsuki Katayama said Monday she agreed with U.S. Treasury Secretary Scott Bessent that "orderly" yen movements are essential to the stability of global financial markets.After a meeting with Bessent in Asheville, North Carolina, amid the yen's stubborn weakness, Katayama told reporters they confirmed that "Japan-U.S. continued, coordinated efforts will contribute to this shared objective."Bank of Japan Governor Kazuo Ueda also met with Bessent in the mountain city, where a two-day Group of 20 finance meeting will run through Tuesday, according to an official famil…READ FULL ARTICLE