Drooid Logo
Back to today’s briefing

Story perspectives

Japan Urges G20 Urgent Monitoring of Volatile Yen

By Drooid · · How we work

7 2 Full Breakdown

1 of 1

Story summary
  • Japan Finance Minister Satsuki Katayama urged G20 members to monitor exchange-rate moves urgently in Bangkok.
  • Katayama said the weak yen raises import costs, including fuel, which has spiked because of the Middle East war.
  • G20 finance leaders reaffirmed commitment to currency policy, saying movements should be market-determined but volatile swings undesirable.
  • Katayama told the group each country must pursue fiscal sustainability while using fiscal space for growth investment.