Bessent Says Yen Exchange Rate Level May Trigger Other Issues, Including Devaluation

Bessent Says Yen Exchange Rate Level May Trigger Other Issues, Including Devaluation

N
News Editor
2026-08-04 11:44:52
According to a Jin10 report cited by ChainCatcher, U.S. Treasury Secretary Bessent said the current level of the Japanese yen exchange rate could create additional problems, including devaluation. The update was published as a 7x24 newsflash by ChainCatcher. No further details were provided in the brief.
BessentU.S. TreasuryJapanese yenexchange ratedevaluationJin10ChainCatcher

ChainCatcher, citing Jin10, reported that U.S. Treasury Secretary Bessent said the current level of the Japanese yen exchange rate may trigger other issues, including devaluation.

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