WASHINGTON, April 17 (Reuters) -
Finance leaders from the United States, Japan and South Korea agreed to "consult closely" on foreign exchange market developments in their first trilateral meeting on Wednesday.
The finance leaders also acknowledged "serious concerns of Japan and the Republic of Korea about the recent sharp depreciation of the Japanese yen and the Korean won," according to a joint statement released after the meeting.
The trilateral gathering was held on the sidelines of the International Monetary Fund and G20 finance leaders' meetings this week in Washington.
"We affirm our commitment to utilize and coordinate our respective sanctions tools to impose costs on Russia for its war against Ukraine" and target North Korea's weapons program, the joint statement said. (Reporting by Leika Kihara; Editing by Chizu Nomiyama)
