Trump says Japan, China cannot keep reducing value of their currencies ...Middle East

“I’ve called President Xi, I’ve called the leaders of Japan to say you can’t continue to reduce and break down your currency,“ Trump said at the White House.

Asked about Trump's comments, Japanese Finance Minister Katsunobu Kato said Tokyo was not taking policies directly aimed at weakening the yen.

Speaking at a separate news conference, Japanese Economy Minister Ryosei Akazawa said on Tuesday the government intervenes in the currency market only when yen movement is “speculative”. (Reporting by Leika Kihara and Makiko Yamazaki; additional reporting by Yoshifumi Takemoto; Editing by Nia Williams and Christopher Cushing)

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