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Bloomberg

Bessent Says Yen Level Problematic for Japan, Other Currencies

Tuesday, August 4, 2026


Treasury Secretary Scott Bessent stated that the yen's weakness has contributed to Japan's inflation problem and increased the risk of broader depreciation of Asian currencies. Bessent reiterated US support for efforts to stabilize the situation.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-04/bessent-says-yen-level-problematic-for-japan-other-currencies

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