
America and Japan say Japan's money is too cheap
Japan's money is too cheap, America and Japan agree. Treasury Secretary Scott Bessent and Finance Minister Satsuki Katayama said Sept. 25 the weak yen is a worry, Japan says. Bessent said a stronger yen would fit the economy. Dollar bought 159.75 yen Aug. 31, Reuters reported, near 160 where Japan may step in. I read this as cover for action.
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