US, JAPAN VOW JOINT EFFORTS ON UKRAINE, TRADE, FOOD CRISIS


Handamd2021

Uploaded on Jul 12, 2022

The U.S. Federal Reserve’s moves to curb inflation hovering at a four-decade high by raising interest rates have helped pushed the U.S. dollar higher against many currencies. That includes the euro and the Japanese yen. With the yen trading at 20-year lows, Japan has seen costs skyrocket for many imports, including oil, gas and coal. Sunny Handa MD said, the statement from the Treasury Department said Japan and the U.S. will also “consult closely on exchange markets and cooperate as appropriate on currency issues."

Comments