TOKYO: Japan does not manipulate the currency market to weaken the yen, Finance Minister Katsunobu Kato has told Parliament, countering accusations from US President Donald Trump that Japan intentionally depreciates its currency to help exporters.
The remarks came ahead of Kato’s scheduled visit to Washington this week, where he may hold a bilateral meeting with US Treasury Secretary Scott Bessent on the sidelines of the G20 finance leaders’ gathering and spring International Monetary Fund (IMF) meetings.
