Japan finmin: remarks vs intervention were general
(For more stories on the Japanese economy, click [ID:nECONJP])
TOKYO, Sept 28 (Reuters) - Japanese Finance Minister Hirohisa Fujii said on Monday that he was speaking generally when he made a previous remark that Tokyo should not intervene in currency markets.
Asked whether he was sticking to his earlier stance that Japan should not intervene to stem yen rises, Fujii said: "I was saying that in a general way. What's important is the idea agreed upon at the London (G20) summit" in early September.
The dollar fell to an eight-month low of 88.23 yen on Monday as investors unwound short yen positions and as expectations faded that Japan would intervene at these levels. [FRX/] FXNEWS (Reporting by Hideyuki Sano and Tetsushi Kajimoto; Editing by Hugh Lawson)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters