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MIYAZAWA SEES BIG NATIONS REAFFIRMING PARIS PACT
Finance Minister Kiichi Miyazawa told a
parliamentary committee he expects major nations to reafffirm
the currency pact they struck in Paris when they meet this week
in Washington, political sources said.
The Minister also was quoted as saying he expects major
nations to take coordinated action to ensure exchange rate
stability.
Finance Ministry officials were unavailable for immediate
comment. In Paris on February 22, six nations - Britain,
Canada, France, Japan, the U.S. And West Germany - pledged to
cooperate to hold their currencies stable.