7 June 2002, 08:54 Japan to maintain forex stance after Q1 GDP - Mizoguchi
TOKYO (AFX-ASIA) - Finance Ministry director-general Zenbei Mizoguchi said
the ministry's stance on the foreign exchange markets will not change after the
release of the first quarter GDP data today.
"Even with the first quarter GDP outcome, our stance on the forex markets
will not change. That means we will continue to carefully monitor the markets,"
Mozoguchi said at the ministry.
He added that the authorities "believe that the US is maintaining the
strength of its economy" relative to Japan and the EU.
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