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The Japanese Finance Minister reportedly held an emergency online meeting with U.S. Treasury Department officials
BlockBeats News, June 22, According to reports from JNN, Japan News Agency, and other Japanese media outlets, as the yen approaches its lowest level in 39 years, Japanese Finance Minister Shōzō Katō held an online meeting with U.S. Treasury officials on the evening of the 22nd local time.
Sources say she may have exchanged views with U.S. Treasury Secretary Janet Yellen, discussing trends in the foreign exchange market and the possibility of intervention. Previously, the USD/JPY exchange rate experienced a sharp decline during trading, sparking market speculation that Japanese authorities had intervened.