Kato warned that Trump’s tariffs may disrupt trade and financial markets, increasing uncertainty for Japan’s economic recovery. He emphasized that Japan does not manipulate the yen and insists on stable exchange rates during upcoming IMF and G20 meetings, which could influence global currencies.
As traders anticipate market swings, Kato noted that the yen’s exchange rates are crucial. While the yen fell slightly to about ¥142.78 per dollar, discussions about its future are postponed, with emphasis on preventing excessive volatility and ensuring stable economic conditions.
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