Japan FSA says not aware of FX investment body

Thu Jun 28, 2007 9:08pm EDT
 
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TOKYO, June 29 (Reuters) - Japanese Financial Services Minister Yuji Yamamoto said on Friday that he was not aware of any plans for the government to set up a new investment body to manage the country's foreign reserves.

Jiji news agency said on Thursday the government was considering setting up a public investment body to more actively manage Japan's huge foreign reserves.

Separately, Japanese Finance Minister Koji Omi, in charge of the management of foreign reserves, reiterated on Friday that his ministry was not considering setting up such an agency.

 

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