TOKYO (Nikkei)--Tokyo will maintain a firm stance against foreign exchange market volatility, Finance Minister Yoshihiko Noda said Wednesday after the government and Bank of Japan intervened in the market to weaken the yen.
"(Japanese authorities) will continue to closely watch forex market trends," Noda said during a press conference at the ministry building. "We will take decisive steps, including market intervention, when necessary."
As for communication with U.S. and other overseas financial authorities, "The Japanese government is in close contact with relevant and necessary parties," Noda...
