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US and Japan restate their commitment to not interfere with currency exchange rates.

US and Japan restate their commitment to not interfere with currency exchange rates.

The US and Japanese Ministries of Finance have released a joint statement reaffirming their commitment to the G7’s approach to monetary policy, highlighting that exchange rates should primarily be determined by market forces. Both nations have vowed to refrain from manipulation, intending to limit their interventions to situations of disorder in the markets, and plan […]