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Japan's Top FX Diplomat Mimura: US did not discuss FX levels at finance ministers' meeting

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Japan's Top FX Diplomat Mimura: US did not discuss FX levels at finance ministers' meeting

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New update 2025.05.22 12:59
Japan's Top FX Diplomat Mimura: US did not discuss FX levels at finance ministers' meeting

update 2025.05.22 12:59

Atsushi Mimura, Japan's Vice Finance Minister for International Affairs and top foreign exchange official, said early Thursday " the US did not discuss FX levels at finance ministers' meeting."

Additional comments

Reaffirmed that forex should be determined by the market.

Do not believe that there is any gap in understanding with the US.

Finance Minister Kato agreed with Bessent that FX rates should be set by markets.

Market reaction


Date

Created

 : 2025.05.22

Update

Last updated

 : 2025.05.22

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