Japan Finance Minister reportedly held an emergency online meeting with U.S. Treasury officials

According to reports from multiple Japanese media outlets including JNN and Kyodo News, as the yen approaches its lowest level in 39 years, Japanese Finance Minister Satsuki Katayama held an online meeting with U.S. Treasury officials on the evening of the 22nd local time.

Sources said she may have exchanged views with U.S. Treasury Secretary Bessent, discussing trends in the foreign exchange market and the possibility of currency intervention. Earlier, the USD/JPY pair experienced a sharp intraday decline, sparking speculation that Japanese authorities had intervened. (Jin Shi)