30.06.2016 - Currency wars pose 'lose-lose' threat after Brexit vote, warns ECB's Mario Draghi

The world is at risk of a currency war after the Brexit vote, as each economy seeks to devalue their own money in a bid to boost growth, Mario Draghi has warned. The European Central Bank president urged colleagues across the globe to coordinate their efforts, in order to avoid competitive currency devaluations between economies, which could undermine attempts to boost world growth..............................................Full Article: Source

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