Japan's Nukaga: G7 should back stable FX moves

Thu Apr 3, 2008 8:32pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

TOKYO, April 4 (Reuters) - Japanese Finance Minister Fukushiro Nukaga said on Friday it was important for Group of Seven finance leaders to confirm their shared view that excessive foreign exchange moves are undesirable for economic growth.

"I hope to exchange frank views (with G7 members) on how to stabilise financial markets and the economy," Nukaga told a news conference after a cabinet meeting.

The G7 finance leaders are expected to meet on April 11 in Washington. (Reporting by Leika Kihara)

 

Featured Broker sponsored link

Most Popular on Reuters

Photo
Bearing Witness
Reuters award-winning multimedia piece, reflecting five years of reporting the war in Iraq.