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G7/8 Finance Ministers Meetings

Statement of G7 Finance Ministers
and Central Bank Governors
October 27, 2008

We reaffirm our shared interest in a strong and stable international financial system. We are concerned about the recent excessive volatility in the exchange rate of the yen and its possible adverse implications for economic and financial stability. We continue to monitor markets closely, and cooperate as appropriate.

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Source: Ministry of Finance of Japan
G7 Information Centre
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