21 September 2001, 08:56 MoF'S Mizoguchi says govt intervened this morning in the forex market
TOKYO (AFX-ASIA) - Zenbei Mizoguchi, the Finance Ministry's senior
deputy director general, said the government this morning intervened in
the currency markets to boost the dollar against the yen.
"We this morning conducted a market intervention," Mizoguchi told
AFX News in parliament. "We will continue appropriate action watching dollar/yen
movements," he added. He declined comment when asked whether the
government started market intervention as the dollar/yen level hit 116.60 yen.
© 1999-2024 Forex EuroClub
All rights reserved