World Bank, IMF Meeting Brought Little Agreement on Currency, May be Addressed at G20
According to International Monetary Fund officials, the 2010 annual IMF/World Bank meeting did not produce much agreement on currency issues after calls by both institutions to defuse tension over the issue. The only agreement was a commitment to work toward…
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a more balanced pattern of global growth, recognizing the responsibilities of surplus and deficit countries. Some countries, such as South Korea have urged the discussion of exchange rates at the G20 meeting in Seoul on November 11-12, 2010.