G7 fires currency warning shot, Japan sanguine
The G7 powers reiterated their commitment to market-determined exchange rates
London/Tokyo: Fiscal and monetary policies must not be directed at devaluing currencies, the Group of Seven nations said on Tuesday in a statement Japan said gave it a green light to continue efforts to reflate its economy.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more