US Treasury Secretary Scott Bessent stated on Sunday that recent fluctuations in the Japanese yen remain "pretty well contained" and do not qualify as disorderly. These comments were made ahead of the G20 finance leaders' meeting scheduled to begin Monday in Asheville, North Carolina.
Bessent is expected to hold a meeting with Bank of Japan Governor Kazuo Ueda on the sidelines of the summit. The discussion comes as global financial markets monitor currency volatility and the potential impact of US economic policy on international exchange rates.
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