Meetings between US Treasury Secretary Janet Yellen and Finance Minister Suzuki, who are visiting Japan, began before 2:00 pm, and Treasury Secretary Janet Yellen said he would like to discuss sanctions on Russia, which continues to invade Ukraine.
At the meeting, it is expected that opinions will be exchanged on the trends in the foreign exchange market, where the yen is weakening and the dollar is strengthening.
Treasury Secretary Janet Yellen has been visiting Japan for the first time since taking office last year, attending the G20 Finance Ministers and Central Bank Governors' Meeting in Indonesia starting this week.
The meeting between Finance Minister Suzuki and Treasury Secretary Janet Yellen began within the Ministry of Finance before 2:00 pm.
The face-to-face meeting between the two has been about three months since it took place in Washington in April.
At the beginning of the meeting, Treasury Secretary Janet Yellen took concrete measures to strengthen sanctions on Russia based on the policy that the leaders of Japan and the United States agreed late last month to set an upper limit on the trading price of Russian oil in cooperation with the G7. Said I would like to discuss.
With the yen depreciating and the dollar rising for the first time in about 24 years in the foreign exchange market, and there are concerns about adverse effects on the Japanese economy, Japan wants to reconfirm that it will promote close communication between currency authorities. It will be interesting to see what kind of opinions are exchanged about the foreign exchange market.