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World’s powers must head off threat of currency war

Posted on 05 October 2010

From Telegraph: The world’s major economic powers must do more to head off the prospect of a global currency war, a body representing the world’s financial institutions has warned.
The call from the Institute of International Finance (IIF) comes as finance ministers and central bankers prepare to descend on Washington DC for the annual meeting of the World Bank and International Monetary Fund against a backdrop of rising tensions over foreign-exchange policy……………………………………….Full Article: Source

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