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The Economic Times
The Economic Times

Japan to announce Tokyo, Washington took joint action on yen: Report

Japanese ​Finance Minister Satsuki Katayama will ​announce on Monday that Tokyo and Washington took joint ​action in the currency market to arrest the yen's slide to 40-year lows, two Japanese government officials told Reuters.

Katayama is likely to stress the ‌two countries' determination ⁠to ⁠combat what they consider excessive yen declines, said the sources familiar with the ​matter, on condition of anonymity due to the sensitivity of the matter.

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