27 June 2002, 09:39 Japan's Muto - MoF to take action in forex market if needed
TOKYO (AFX-ASIA) - Vice Administrative Finance Minister Toshiro Muto said
the ministry maintains its stance that it will take action in the foreign
exchange market if necessary.
"Basically our stance on the forex market has not changed. We will take
action again if necessary, watching market conditions," he told reporters in the
ministry.
Asked whether the leaders of G8 countries will discuss the recent fall in
the dollar at their summit meeting, Muto said: "I have not heard the G8 will
discuss that issue."
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