19 September 2001, 10:15 Shiokawa - slightly higher dollar/yen good way to contain deflation
TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said he
believes that raising the level of the dollar/yen rate is the most
efficient way to contain deflationary pressure in the economy.
"We want to boost price levels, which are in a falling trend. The
most effective method is to move the dollar/yen rate up slightly," he
told a budget committee in the upper house of parliament.
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