Japan ensures G20 pledge vs ‘disorderly’ moves as FX language tweaked, sources say
Tetsushi Kajimoto, 09 April 2021
TOKYO (Reuters) – Japan made sure that language warning against excess currency market volatility remained in place when G20 finance leaders made a rare tweak to their message on exchange-rate moves, said officials with knowledge of the deliberations.
In the first communique compiled since U.S. President Joe Biden took office, finance leaders of the Group of 20 major economies called for the need for currency moves to reflect “underlying” economic fundamentals. Continue reading “Article: Japan ensures G20 pledge vs ‘disorderly’ moves as FX language tweaked, sources say”
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