21 September 2001, 12:43 Shiokawa - govt may ask major economic partners to intervene in forex market
TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said the
government may ask the country's major economic partners to intervene
in the forex market if necessary.
"Yes, we may take action in the foreign markets in Europe and the
US," Shiokawa said, when asked whether Japan will seek further
intervention in the markets to weaken the yen.
He added that Japan "would like to consult" with its partners on
which course to take as between joint intervention and individual
intervention.
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