Washington, April 21 (Jiji Press)–Japanese Minister of Finance Shunichi Suzuki mentioned Thursday that he has agreed with U.S. Treasury Secretary Janet Yellen on nearer bilateral communication for overseas trade market stabilization.
Suzuki and Yellen met in Washington and mentioned the yen’s fast weakening towards the greenback, Suzuki informed a press convention.
“We have confirmed that the Japanese and U.S. foreign money authorities will talk with one another intently in accordance with an settlement on currencies among the many Group of Seven superior nations,” Suzuki mentioned.
Suzuki mentioned he gave numbers to elucidate to Yellen how fast the latest actions of overseas trade charges have been.
The greenback rose to 20-year highs above 129 yen this week.
[Copyright The Jiji Press, Ltd.]