Mon, Apr 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | New Category more

Japan allays G7 fears of currency war as value of yen plummets

Posted on 13 May 2013

Japan convinced its partners in the Group of Seven leading industrial economies that it was not manipulating its currency as part of a bold attempt to get its economy out of a near two-decade period of stagnation.
At the conclusion of a two-day meeting between the leading financial representatives of the G-7 countries - the United States, Britain, Germany, France, Italy, Japan and Canada - British finance minister George Osborne said there was a formal acknowledgement that each member needed to secure their own country’s growth by balancing austerity measures with growth-enhancing policies…………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930