17 May 2002, 16:59 Japan Mizoguchi Repeats No Reason For Stronger Yen
Senior Ministry of Finance official Zembei Mizoguchi reiterated that the MOF's
stance on foreign exchange is unchanged, adding that current conditions
do not warrant a stronger yen, given the fundamental strength of the US
economy compared with Japan, reports said. He said that stable moves in
forex rates were desirable. //MarketNews
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