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Intervention has had `certain effect`: Japan PM

Japan had intervened in currency markets this week.



Tokyo: Japanese Prime Minister Naoto Kan said on Friday that the country`s intervention in currency markets this week has had a "certain effect”.
Kan also said he plans to hold talks with US President Barack Obama during his trip to the US next week.
Kan kept allies in key posts in a cabinet reshuffle earlier on Friday, signaling he plans to press ahead with efforts to curb a huge public debt as he struggles with a strong yen and weak economy.

Bureau Report

From Zee News

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