According to TechFlow, on April 28, Japan's top foreign exchange official Jun Mimura denied a report in the Yomiuri Shimbun that U.S. Treasury Secretary Benson said a weaker dollar and a stronger yen were desirable during a bilateral meeting with Japanese Finance Minister Katsunobu Kato in Washington. Jun Mimura said that foreign exchange targets were not discussed during the talks. Last Thursday, Kato and Benson held their first face-to-face talks on the sidelines of the IMF and World Bank meetings.

#IMF