8 November 2001, 08:41 Mizoguchi - Japan MoF to take proper action if signs of excessive yen strength
TOKYO (AFX-ASIA) - Finance Ministry senior deputy director-general
Zenbei Mizoguchi said the ministry is ready to take appropriate action
in the market against any signs of excessive strength in the yen
against the dollar.
"We have not changed our policy stance towards the pair. If there
are signs of a sharp rise in the yen against the dollar, we will take
appropriate action," he told AFX-ASIA at the ministry.
"We are closely watching the market movements," he added.
© 1999-2024 Forex EuroClub
All rights reserved