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22nd May 2025 | view in browser
G7 reaffirms market-driven FX

We haven’t seen much movement in the Yen following what had been an anticipated meeting between U.S. Treasury Secretary Bessent and Japan’s Finance Minister Kato at the G7. In the meeting, both sides reaffirmed their stance that foreign exchange rates should be market-driven and currently reflect economic fundamentals, dismissing speculation of coordinated currency support.
 
 

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