Vice Minister of Finance Kanda said, "We have confirmed that we will work closely with the monetary authorities of Japan and the United States," given the recent depreciation of the yen in the foreign exchange market.
On the 29th, Treasury Minister Kanda met with Deputy Treasury Secretary Andy Bocol of the US Treasury, who is visiting Japan.
In this, he exchanged opinions on financial market movements and sanctions on Russia.
The meeting was held for about an hour from 10:30 am, and Vice Minister Kanda said, "We will work closely with the US and Japanese monetary authorities on the issue of foreign exchange, based on the fact that the yen is depreciating in the foreign exchange market. I confirmed that I would go. "
In the foreign exchange market, the widening interest rate differential between Japan and the United States has become strongly conscious among investors, and on the 28th, the yen depreciated to the 125 yen level at one point per dollar.
It is a form that clarifies the attitude that both Japan and the United States are paying close attention to such market price movements.