Japan's Kan: Currencies need to be stable

Mon Mar 15, 2010 10:04pm EDT

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TOKYO, March 16 (Reuters) - Japanese Finance Minister Naoto Kan said on Tuesday that currencies need to be stable and the government would need to act if they make abnormal moves.

But Kan, who is also deputy prime minister, said in parliament that currency rates should basically be determined by markets.

(Reporting by Leika Kihara and Hideyuki Sano)

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