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Kato: U.S. Made No Demands on Exchange Rate in Bilateral Meeting; Ministers Agreed Rates to Be Set by Market

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By Shinnosuke Kurama and Masaomi Shimosato / Yomiuri Shimbun Staff Writers

16:15 JST, April 25, 2025

WASHINGTON — The Japanese and U.S. finance ministers agreed that exchange rates are to be determined by the market, and the United States did not request that a target be set for the yen-dollar exchange rate, as the Japanese side had feared he might, at their meeting on Thursday.

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