Japan financial leaders pledge close watch on yen stability

  • Japan’s financial leaders pledged to closely monitor the yen.
  • Finance Minister Satsuki Katayama linked currency stability to inflation and the global economy.
  • Satsuki Katayama made the remarks after the Group of 20 financial leaders’ summit.

Japan’s financial leaders pledged to closely monitor the yen, saying currency-market stability is important for the country’s inflation and the global economy. Finance Minister Satsuki Katayama said coordinated foreign-exchange intervention "helps support the stability of global markets and economies" at a news conference after the Group of 20 financial leaders’ summit.

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