Katayama to Say Japan, US Are Coordinating to Curb Yen Weakness

Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s...

By Takashi Umekawa, Kanoko Matsuyama and Erica Yokoyama · Bloomberg Markets

Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s weakness, a person familiar with the situation said.