Japanese Finance Minister reportedly held an emergency online meeting with U.S. Treasury Department officials

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BlockBeats News, June 22nd, according to multiple Japanese media outlets such as JNN and Kyodo News, as the yen approached its lowest level in 39 years, Japanese Finance Minister Kaori Kuroda held an online meeting with US Treasury officials on the evening of the 22nd local time.

Sources said she may have exchanged views with US Treasury Secretary Bennett and discussed the trend of the foreign exchange market and the potential for foreign exchange intervention. Earlier, the USD/JPY pair experienced a rapid decline during the trading session, triggering speculation in the market that the Japanese authorities had intervened.

Source: BlockBeats

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