5 January 2001, 10:05 BOJ Hayami says doesn't expect yen to weaken much further
Tokyo--Jan. 5--Bank of Japan Governor Masaru Hayami said that he
doesn't expect the yen to weaken against the U.S. dollar. Hayami added
that the market determines currency levels and that if the currency levels
are out of economic fundamentals they will definitely return. The U.S.
dollar marked a 17-month high of 115.90 against the yen.
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