| What world currencies does one of the world’s biggest investment banks like the most right now? Well, some background information first. This weekend’s G20 meeting is framed by concerns of competitive exchange rate devaluations, with investors recalling late 2010 and early 2011 as a recent example of emerging market central bankers acting to combat currency appreciation. The currency war was in full swing.
But this time around at the G20 in Moscow, economic growth-inflation dynamics are not conducive to material emerging market currency appreciation...............................................Full Article: Source
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