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Preventing a currency war

Posted on 15 February 2013

The Group of 7 industrialized countries appeared to tamp down talk of a currency war in a statement this week that said markets should determine exchange rates and that countries should use fiscal and monetary policies to achieve faster growth.
It may help curb fears that stagnant economies will devalue their currencies to make their exports more affordable relative to competitors………………………………………..Full Article: Source


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