Japan Officials to Attend G20 Amid Yen Focus
Japanese finance minister and central bank governor will attend next week G20 meetings in North Carolina. Markets focus on potential bilateral talks with U.S. officials regarding the weak yen.
Xurve View
Insights:
Xurve View
Japan's finance minister and central bank governor will attend next week's United States-hosted Group of 20 meeting, setting the stage for renewed debate over the weak USD/JPY currency. The gathering in Asheville, North Carolina follows last month's joint currency intervention to prop up the sagging yen. Policymakers face mounting pressure as the exchange rate hovers near 159.60 per dollar.
