Japan–US finance ministers’ joint statement highlights
Both sides reiterated that exchange rates should be market-determined, warning that excess volatility and disorderly movements can undermine economic and financial stability.
They restated the G7 pledge that fiscal and monetary policy should serve domestic objectives using domestic tools, not targeting exchange rates.
Confirmed that government investment vehicles such as pension funds invest abroad for risk-adjusted returns and diversification, not to influence exchange rates.
Committed to publicly disclose any FX intervention operations on at least a monthly basis.
Stressed the importance of transparent exchange-rate policies and practices.
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