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OSAKA, Japan, Oct 15 (Reuters) - Finance Minister Hirohisa Fujii said on Thursday he had never said a strong yen was good for Japan’s economy.

He said his political task was to stabilise the value of the yen based on the strength of the economy.

“My remarks have caused a lot of misunderstanding,” Fujii told a news conference after meeting with business leaders in Osaka, western Japan.

“What I said after the G7 and G20 was that competitive devaluations were not good. I never said the yen should be this or that.” (Reporting by Tetsushi Kajimoto)