![]() Economic Times |
G7 attempts to defuse currency tensions
Financial Times The world's largest developed nations on Tuesday reaffirmed their commitment not to weaken exchange rates deliberately, in a statement aimed at addressing concerns over a fresh round of global currency wars. In the first statement since August 2011 to … G-7 Says Won't Use Economic Policies for Exchange Rates Group of 7 Says It Will Let Market Decide Currency Values Confusion reigns over G-7 position on yen |