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IMF chief warns against currency as policy weapon

Posted on 06 October 2010

From Reuters: Countries risk undermining the global economic recovery if they use their currencies to try to boost domestic growth, the head of the International Monetary Fund warned on Tuesday in a newspaper interview.
IMF Managing Director Dominique Strauss-Kahn made the comments ahead of the fund’s October8-10 annual meeting in which currency depreciations by governments to boost exports will be a key issue……………………………………….Full Article: Source

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