Bessent says yen will find its own level if Bank of Japan follows 'proper' policy
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WASHINGTON :U.S. Treasury Secretary Scott Bessent said on Wednesday the yen will find its own level if the Bank of Japan follows "proper monetary policy." Bessent made the remarks to reporters when asked whether the yen's recent level was reasonable or a bit too weak. In August, he said the BOJ would likely be raising interest rates, as it was behind the curve in dealing with the risk of inflation. The BOJ exited a decade-long, massive stimulus program last year and raised its key interest rate
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