* Noda declines to comment on possibility of intervention
* Dollar extends fall vs yen after finmin remarks
(Adds more quotes, background)
By Rie Ishiguro
HANOI, May 5 Current foreign exchange moves
appear to be different from those seen around time of joint G7
intervention in March, Japanese Finance Minister Yoshihiko Noda
said on Thursday, but he declined to comment on the possibility
of further action.
"The market is moving in a different way from March 18. The
dollar is on a weak trend and Japan's markets are closed," Noda
"We are closely watching the market."
When asked about the possibility of intervention in case of
further yen gains, Noda said, "I cannot answer to a hypothetical
After the remarks, the dollar extended its fall to around
79.60 yen , its lowest since March 18, the day the Group
of Seven industrial nations intervened to weaken the Japanese
currency. The euro fell to 117.98 yen , its lowest
since April 19.
Japan's financial markets are shut most of this week for
(Editing by John Mair)