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U.S. Holds Fire Over Yen Exchange Rate Targets; Bessent Said to Understand Negative Impact on Markets

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By Shinnosuke Kurama and Hiroyuki Tanaka / Yomiuri Shimbun Staff Writer

17:07 JST, April 26, 2025

WASHINGTON — The administration of U.S. President Donald Trump has shown discontent with the weak yen and the strong dollar. But at a Japan-U.S. finance ministerial meeting held on Thursday, the idea of setting a target for the yen-dollar exchange rate was put on hold at least for now, seemingly to ...

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