Japan Urges G20 to Watch FX Moves

Japan urged G20 finance leaders to monitor exchange rates with urgency amid persistent yen weakness. Finance Minister Satsuki Katayama noted that excessive volatility remains a concern for import costs.

Japan's Finance Minister Satsuki Katayama speaks to the media about the U.S.-Japan joint forex action upon her arrival at the Finance Ministry in Tokyo, Japan, August 3, 2026. REUTERS/Issei Kato

Japan urged G20 counterparts to monitor foreign exchange markets with heightened urgency during Thursday morning discussions in Bangkok. Finance Minister Satsuki Katayama pressed global peers on currency stability amid persistent weakness in the Japanese currency. The intervention warning underscores Tokyo's ongoing struggle against imported inflation driven by regional conflicts.

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