Japan's Finance Minister Reiterates Concern: Yen Undervaluation Is a "Big Problem," Will Work Closely with the US to Maintain Order in the Foreign Exchange Market

Zhito Finance APP has learned that Japanese Finance Minister Satsuki Katayama stated that the weakness of the yen remains an ongoing concern, and Japan and the United States will continue to maintain close contact in seeking to keep the foreign exchange market operating in an orderly manner. Katayama said on Tuesday: "As Sanae Takaichi said during the recent Japan-U.S. summit held in New York, I believe that, overall, the undervaluation of the yen is a problem. We will continue to maintain close communication between Japanese and U.S. financial authorities and strive to preserve the orderly operation of the foreign exchange market."