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Japan FinMin Noda: To Ask G-7 To Continue FX Cooperation
Japanese Finance Minister Yoshihiko Noda said on Tuesday that he will ask his colleagues from the Group of Seven industrialized nations to continue cooperating in the currency market following a rare instance of concerted G-7 forex intervention last month. The finance ministers and central bank governors from the G-7 and the Group of 20 major and emerging economies are expected to meet in Washington next week ahead of the spring meetings of the International Monetary Fund and the World Bank that start on April 16. Noda also told reporters that the government plans in principle to compile its first supplementary ... (full story)