Japan to tell G20 its policies will help world economy


TOKYO (Reuters) - Japan's top financial diplomat said on Wednesday that Tokyo will tell its Group of 20 peers its push to reflate the economy will benefit other nations, brushing aside some concerns about the possible negative impact of its monetary stimulus on emerging economies.

Takehiko Nakao, vice finance minister for international affairs, was speaking a day after Japan and other Group of Seven rich nations declared that fiscal and monetary policies would not be directed at devaluing currencies and reaffirmed commitment to market-determined exchange rates.

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