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flag Japan and US agree to strengthen communication on exchange rates amid yen weakness.

flag Japanese Finance Minister Satsuki Katayama and U.S. Treasury Secretary Scott Bessent agreed to strengthen communication on exchange rates following their meeting in Washington. flag Katayama emphasized that Japan is prepared to take decisive action against excessive yen depreciation, noting the currency has weakened to near 160 to the dollar—levels that previously triggered intervention. flag Officials cited increased demand for the safe-haven dollar amid Middle East tensions as a contributing factor.

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