• Kyodo

  • SHARE

Finance chiefs from the Group of 20 economies agreed Thursday that excessive moves in exchange rates are undesirable, according to Finance Minister Taro Aso, who added that the global economy still faces downside risks.

Prior to a two-day gathering in Washington, Aso told U.S. Treasury Secretary Jack Lew that Tokyo had “strong concerns” over one-sided moves in the exchange market after the yen briefly surged to a 17-month high against the U.S. dollar recently.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)