1. Japan is said to be aggressively campaigning for the creation of an Asian fund to help stabilise regional markets. 2. Since this fund is controlled by the Government, it has more effect in stabilising the market. 3. These instances have been few and far apart, but they worked to stabilise the market. 4. With the present economy, he also expected no speculation because government measures could stabilise the market. 5. Finance Minister Masayoshi Takemura later said close cooperation between the Group of Seven should be the basis for stabilising the markets. 6. Finance Minister Masayoshi Takemura later said that close cooperation between the Group of Seven should be the basis for stabilising the markets. 7. Her remarks came as the tiny Colombo Stock Exchange remained on a sharp downtrend, as an austerity budget presented last week failed to stabilise the market. 8. If there was a risk to the banking system, the Bank of Japan would provide liquidity to stabilise financial markets. 9. Additional measures to stabilise markets and boost the economy would be implemented, Bodi said. 10. But analysts warn that no mechanism is foolproof and any measures adopted by monetary authorities to stabilise currency markets could eventually be overwhelmed by market forces. |