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Japan's Finance Minister Katayama Satsuki reiterated his view on Tuesday, believing that Japan has “the right to make independent decisions” in its actions in the foreign exchange market, which is in line with the September US-Japan currency agreement. Katayama said that recently, some exchange rate fluctuations have been observed to be completely inconsistent with fundamentals; without speculation, the fluctuation would not have been that large. She said that appropriate measures will be taken against excessive market fluctuations, including speculative fluctuations. Since multiple factors influence market trends, no specific exchange rate or yield level is promised. Katayama also said that changes in yield are not directly related to the country's financial situation. Other senior G7 officials have not questioned Japan's fiscal situation; the Japanese government is focusing on economic growth.

Zhitongcaijing·12/23/2025 03:09:04
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Japan's Finance Minister Katayama Satsuki reiterated his view on Tuesday, believing that Japan has “the right to make independent decisions” in its actions in the foreign exchange market, which is in line with the September US-Japan currency agreement. Katayama said that recently, some exchange rate fluctuations have been observed to be completely inconsistent with fundamentals; without speculation, the fluctuation would not have been that large. She said that appropriate measures will be taken against excessive market fluctuations, including speculative fluctuations. Since multiple factors influence market trends, no specific exchange rate or yield level is promised. Katayama also said that changes in yield are not directly related to the country's financial situation. Other senior G7 officials have not questioned Japan's fiscal situation; the Japanese government is focusing on economic growth.