Bessent: Yen will find its own level with proper BoJ policy

US TREASURY SECRETARY Scott Bessent said on Wednesday the yen will find its own level if the Bank of Japan (BoJ) follows “proper monetary policy.’

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Bessent made the remarks to reporters when asked whether the yen’s recent level was reasonable or a bit too weak. A senior Japanese finance ministry official declined to comment, when asked about Bessent’s remarks. In August, Bessent said the BoJ would likely be raising interest rates, as