Suzuki, Yellen hold talks amid yen's tumble against U.S. dollar
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Japanese Finance Minister Shunichi Suzuki held talks Thursday with U.S. Treasury Secretary Janet Yellen in Washington after the yen dropped to a 20-year low against the dollar earlier this week. Suzuki and Yellen may discuss possible policy coordination in the foreign exchange market during their first face-to-face meeting, held a day after ministerial talks of the Group of 20 major economies. The Japanese currency has rapidly depreciated against the dollar on the prospect of a widening monetary policy gap between the two countries. While the Bank of Japan has maintained its aggressive monetar...