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Russia: Don’t compete through currency devaluations

Posted on 15 February 2013

Russia fueled the G-20 currency war debate on Thursday, when the Russian finance minister criticized countries that are trying to stimulate their economies through currency devaluation.
“We believe countries should not be competing through their currency policies. They should be competing based on their economic activity,” Finance Minister Anton Siluanov told CNBC at the G-20 meeting of major economic powers in Moscow………………………………………..Full Article: Source


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