Japan says will continue currency intervention

Japan's Ministry of Finance (MOF) said on Monday 29 March that it would continue its foreign exchange intervention, brushing aside a British newspaper report that Tokyo would finish its massive intervention into the currency market.

Japan has been intervening in accordance with a Group of Seven (G7) statement issued last month that said excessive volatility was undesirable and that policy remains unchanged, a senior MOF official told Reuters. "We have been intervening all along based on the Bo

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