Japanese Finance Minister Katsumu Kato: An agreement has been reached with U.S. Treasury Secretary Basente that the exchange rate should be determined by the market
Internet reported that Japanese Finance Minister Katsumu Kato: He has reached an agreement with U.S. Treasury Secretary Basente that the exchange rate should be determined by the market and excessive fluctuations will have an adverse impact on the economy. U.S. Treasury Secretary Basent reached an agreement with Japan to communicate closely on foreign exchange matters. Japan was very sorry to inform U.S. Treasury Secretary Basent that it regretted imposing additional tariffs.
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