Japan MOF: FX intervention should be done effectively

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, Sept 8 (Reuters) - Japan will make necessary preparations for currency intervention and step into the market if deemed necessary in the way that would be most effective to stem yen's rise, a senior finance ministry official said.

Parliamentary Secretary of Finance Hiroshi Ogushi made the comments at a parliamentary committee in the lower house. (Reporting by Tetsushi Kajimoto; Editing by Edwina Gibbs)