US Treasury Secretary, Japan Finance Minister Clash on Yen Policy

WASHINGTON—Japan’s Finance Minister Taro Aso on Friday threatened “necessary” movement opposite a rising yen notwithstanding U.S. Treasury Secretary Jacob Lew arguing there was no justification for Tokyo to meddle in a country’s currency.

The open strife between a dual allies over banking process underscores flourishing worries in a U.S. that Japan competence review to exchange-rate debasement to revitalise a world’s third-largest economy.

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