AdvertisementAdvertisementBusinessFILE PHOTO: FILE PHOTO: Japan's Finance Minister Satsuki Katayama attends the upper house budget committee session at the parliament in Tokyo, Japan April 7, 2026. REUTERS/Issei Kato/File Photo/File Photo23 Jun 2026 05:47AM (Updated: 23 Jun 2026 05:57AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TOKYO, June 22 : Japanese Finance Minister Katayama held an online meeting with U.S. Treasury Secretary Scott Bessent late Monday to discuss the yen's sharp decline, local broadcaster TBS reported, citing people familiar with the matter.The discussions focused on policy responses to the historically weak yen, potentially including the possibility of currency intervention, TBS said.The yen briefly weakened to around 161.9 late Monday, just shy of a two-year low reached last week. A break above 161.96 would take the yen to its weakest level since 1986.Tokyo spent a record 11.7 trillion yen ($72.44 billion) intervening in foreign exchange markets between late April and early May.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST