Japan finmin: remarks vs intervention were general

Mon Sep 28, 2009 3:37am EDT

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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)

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