Japan reaffirms coordination with US on currency markets after past joint intervention
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Japanese Finance Minister Satsuki Katayama said on Friday, September 11, 2026, that the Japanese government will continue to coordinate closely with the United States to keep foreign exchange markets orderly, amid market attention on the yen's movements. Speaking at a regular press conference, Katayama said Japan's policy stance has not changed since Japan and the United States jointly intervened in currency markets and issued a joint statement, and stressed that Japan will maintain close contact and coordination with the US Treasury Department and work together to ensure exchange-rate markets remain orderly. Asked about recent warnings from US Treasury Secretary Scott Bessent to investors betting against the yen, Katayama said Bessent's remarks were a straightforward expression of his view of the market and were the kind of thing to be expected from someone with a hedge fund background.
