	stoltenberg says paris accord policy to continue west german finance minister gerhard stoltenberg said the currency agreement reached in paris in february had been successful and would be continued stoltenberg told journalists before he attends next week s international monetary fund meeting in washington that the strategy to stabilise currencies around current levels has proven its worth and will also determine future developments stoltenberg declined to comment specifically on what he would consider to be an undervalued dollar but said a dollar around marks created problems for west germany s exports he said studies by international organisations had made it clear that especially in the u s and in japan major efforts remained necessary to support adjustments in foreign trade balances via necessary corrections to economic policy no one would benefit if after years of over valuation the u s dollar fell into the other extreme that is strong under valuation he said stoltenberg said west germany had a keen interest in a swift agreement between the u s and japan concerning the current trade dispute over semi conductors asked whether he believed the markets would test the paris currency accord stoltenberg did not comment specifically but noted that much of what had been discussed in paris had not been published the paris declaration did not state the levels at which central banks of the major industrialised countries would intervene stoltenberg said that everything had been carefully considered he said he had nothing further to add reuter 
