Bessent Says Recent Yen Fluctuations Are Contained and Not Disorderly
US Treasury Secretary Scott Bessent stated that recent movements in the Japanese yen remain contained and orderly, dismissing concerns about market instability. He also clarified that Washington will not pressure the Bank of Japan regarding its monetary policy decisions.
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Bessent says yen moves 'pretty contained' and not disorderly - Reuters
Bessent says yen moves 'pretty contained' and not disorderly Reuters
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The yen slid below the 160-per-dollar level on Friday, a threshold widely seen as increasing the likelihood of intervention.
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