	g wants to show markets its resolve miyazawa japanese finance minister kiichi miyazawa said the group of seven g countries reaffirmed their paris accord on stabilising currencies to convince the market of their resolve at a news conference after today s g meeting miyazawa said the ministers and central bank governors did not believe a totally new statement was needed the speculative selling did not reflect economic fundamentals and since the fundamentals had not changed only a reaffirmation of the goals of the paris accord was needed he said he also noted that this test of the g nations resolve had concentrated on the yen while other currencies especially the mark had remained stable miyazawa said any change in economic conditions since the paris accord was not worth being called fundamental as i said at a time of louvre agreement the expression of current level is rather vague idea he said the yen s movement in the past several weeks is within the range agreed in paris in febraury he said it was better to give a vague expression than pin pointing a level which could have an adverse impact on the market miyazawa said asked why only japan was committed to fresh measures in the statement he said japan was exceptional among the seven because the yen appreciated against the dollar while other major currencies largely have been stable he also said japan s ruling liberal democratic party has justed adoped a package to reflate the economy while other nations are not supposed to produce new measures in a short period since the paris agreement miyazawa also said the u s sanctions against japanese semiconductor products was not discussed through the g meeting and did not affect the currency talks the seven nations discussed the debt problems of developing countries and ways to proceed in line with the debt initiative outlined by u s treasury secretary james baker months ago reuter 
