| Global financial leaders likely will reiterate previous currency policy commitments, a senior U.S. Treasury official signaled Monday, despite concerns that lackluster growth around the world may tempt some countries to use devalued currencies to juice exports.
A senior U.S. official, speaking ahead of a gathering of finance ministers and central bankers from the Group of 20 largest economies in Shanghai later this week, said exchange-rate commitments in previous G-20 communiqués have been “constructive and helpful, and I think nicely articulate the rules of the game.”..............................................Full Article: Source
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