Japan remains alarmed over forex movement, finance minister says

ReutersAug 26, 2025 2:15 AM

TOKYO, Aug 26 (Reuters) - Japan remains alarmed over foreign exchange movement, Finance Minister Katsunobu Kato said on Tuesday, after the yen strengthened following U.S. President Donald Trump's announcement of the removal of a Federal Reserve governor.

Asked about the removal of Lisa Cook from her position on the Fed's board of directors, Kato told a press conference that he would refrain from commenting on foreign authorities and on foreign exchange levels.

"That being said, it's important for currencies to move in a stable manner reflecting fundamentals and we remain alarmed over FX moves, including those driven by speculators," he said.

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