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Japan’s yen policy faces pressure amid competing demands
The dispute centers on how far Tokyo should go to strengthen the yen while responding to both Prime Minister pressure and Washington’s stance.
Japan’s finance minister, Satsuki Katayama, is facing mounting pressure over efforts to strengthen the yen, according to an NYT Business report.
The article says Katayama is caught between competing demands from Japan’s prime minister and the United States, creating tension around the pace and extent of currency policy.
The report frames the situation as part of a broader Japan currency fight, with policy decisions weighed against both domestic objectives and external expectations.