13 December 2001, 11:55  "Mr Yen" Says Yen Could Fall To Y140

Eisuke Sakakibara, Japan's former Vice Minister for International affairs, reportedly said Thursday that it was "not unlikely" that the yen could weaken to Y130 or Y140 against the dollar. Sakakibara, formerly known as "Mr Yen" due to his influence on currency markets, also said that Asian economies would continue to be vulnerable to disruptions without greater regional coordination.

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