* Japan strategy min declines comment on specific FX policies
* Yen falls broadly after Kan's remarks
By Stanley White
TOKYO, Nov 30 (Reuters) - Japan's government said on Monday it would try to slow the yen's appreciation, but he declined to comment on what specific policies it will take.
Japan's banking minister also told reporters that unilateral intervention by Japan would only shift more money to the United States, suggesting Japan's Democratic Party-led government may not enter the currency markets to sell its currency.
The yen fell broadly after National Strategy Minister Naoto Kan said the government had agreed to try to stop the yen's rise.
Last week, the yen surged to a 14 year-high against the dollar as worries about Dubai's debts rattled financial markets. Japan's finance minister, who is in charge of currency policy, sharpened his rhetoric on Friday in response to the yen's gains, leaving traders on edge as to whether actual intervention was likely.
"In light of the Dubai shock, we want to respond more aggressively than originally planned with an extra budget," Kan, who is also deputy prime minister, told reporters.
"We also want to stop the yen's rise and cooperate with the BOJ."
Japan's Democratic Party-led government, which has been in power for two months, also agreed to cooperate as much as possible with the Bank of Japan to battle deflation and prevent the economy from falling into another recession.
Kan said the government would compile an extra budget worth 2.7 trillion yen ($31.4 billion) or more. But the government is likely to reallocate money already included in a budget compiled by the previous government.
Some economists say the extra budget may not have much impact on the economy as it may not constitute new spending. ((stanley.white@thomsonreuters.com; +81 3 6441 1984; Reuters Messaging: stanley.white.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) ($1=86.07 Yen)