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Commodities Briefing - Categorized | Currencies, Market Moves more

South Korea pushes for global currency solutions

Posted on 12 October 2010

From WSJ: South Korea leaders, who will host the next big global economic meeting, on Monday began pushing for new ideas to resolve the currency battles unfolding around the world. After little progress was made on currency issues at the International Monetary Fund’s annual meeting over the weekend, the turmoil threatens to overwhelm the agenda of the Group of 20 leaders’ summit in Seoul on Nov. 12.
South Korean officials worry that unless there is progress at the summit, other countries will decide the G-20 isn’t the right forum for dealing with critical global economic issues……………………………………….Full Article: Source

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