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Japan denies report citing Bessent's push for strong yen

ReutersApr 28, 2025 12:40 AM

TOKYO, April 28 (Reuters) - Japan's top currency diplomat Atsushi Mimura on Monday denied a report in the Yomiuri newspaper that cited U.S. Treasury Secretary Scott Bessent as saying during a bilateral meeting with Japanese Finance Minister Katsunobu Kato in Washington that a weak dollar and a strong yen are desirable.

Kato and Bessent had their first face-to-face talks on Thursday on the sidelines of IMF and World Bank meetings.

Mimura said no discussions regarding foreign exchange targets took place during the talks.

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