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Fri, Oct 24, 2008
Reuters
Japan PM says worried market turmoil will hurt exports

>BEIJING - Japanese Prime Minister Taro Aso said on Friday he was worried that the global economic downturn
and rapid moves in foreign exchange and stock markets could negatively affect the real economy, particularly the export sector.

Speaking to reporters ahead of the two-day Asia-Europe Meeting (ASEM) of 27 EU member states and 16 Asian countries, Aso said "rapid fluctuations are most undesirable."

"As I have been saying, I don't have any intention to fret over rapid fluctuations in stocks and the dollar. But what could affect the real economy most are such rapid moves," Aso said.

 

 
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