12 January 2001, 17:53 Japan's MOF Miyazawa says stock falls don't presage economic decline (repeat_
Tokyo--Jan. 12--Finance Minister Kiichi Miyazawa denied that declines
in Japanese stock prices could signal a forthcoming economic downturn and
added, "Basically, I'm not worried," speaking after the Nikkei fell 1.7%
Thursday to its lowest level since October 1998. Miyazawa also said that
he isn't worried about the weakening of the yen, though it cleared the 118
mark against the U.S.
dollar for a 17 1/2 month high overnight Thursday.
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