G20 nations agreed not to target their exchange rates in search of a competitive edge but the tensions that led to talk of a “currency war” remain.
“We will refrain from competitive devaluation. We will not target our exchange rates for competitive purposes,” the G20 finance ministers said in a statement that echoed a similar call last week from the G7.
The statement followed a turbulent period for global currency markets amid speculation that the G20 would push back against Japan, which has triggered a drastic sell-off in the yen with plans for aggressive easing of monetary policy.
您已閱讀17%（587字），剩余83%（2823字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專(zhuān)屬服務(wù)。