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Strategies & Market Trends : World Outlook
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To: LesX who wrote (325)1/5/1998 10:02:00 PM
From: Don Green  Read Replies (1) of 49211
 
MOF says worried over yen, to act in timely manner

TOKYO, Jan 6 (Reuters) - Finance Minister Hiroshi Mitsuzuka said on Tuesday he is worried about the current state of the yen and the ministry maintains its basic stance that it will deal with it in a timely and appropriate manner.
''There is no doubt that we are worried. Excessive weakness of the yen is not favourable. We maintain our basic stance that we will deal with it in a timely and appropriate manner,'' he told a news conference.
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