Japanese Finance Minister Yoshihiko Noda said Tuesday that the government will maintain its policy of intervention in currency markets aimed at limiting the growth of the Japanese yen, regardless of the election results a leader of the ruling party to be held later in the day.
"Whatever the outcome of presidential elections the Democratic Party of Japan, the political vacuum is not formed and, in accordance with our long-standing policy, we will take decisive steps, including intervention where necessary", - he said.
Noda also said that the government will not tolerate the rapid, dramatic or prolonged yen, could destabilize the economy.
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