6 June 2001, 09:32  Japan's MOF Shiokawa sticks foot in mouth with yen comment

Tokyo, June 6 (BridgeNews) - Japanese Finance Minister Masajuro Shiokawa confused currency traders by telling AFX news agency that he hopes the dollar/yen climbs to 121, but after being prodded by his secretary later completely denied having made the comments. AFX news reported Shiokawa to have said, "It would be nice if it went to 121," speaking when the dollar/yen was at the 120 level.

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