United States and Japan Pledges Cooperation on Economic Fallout of Ukraine

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The Top Economic Officials of the United States and Japan have pledged to work together to tackle rising food and energy prices while reiterating their condemnation of Russia’s war in Ukraine.

US Treasury Secretary, Janet Yellen and Japanese Finance Minister, Shunichi Suzuki on Tuesday said the war had increased exchange rate volatility, posing risks to economic and financial stability.

The two sides pledged to work together on currency issues under their commitments as members of economic groupings.

Written by: Helen Obih

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