Wednesday, October 6, 2010

Currency will be discussed at the weekend

The IMF's meeting in Washington this weekend will mark the meeting of certain Ministers of Finance G7. This carries a risk of growth of good and bad positioning of currencies, taking into account the fact that these conversations are marked in all three major world regions. Today's FT has published a warning from the IMF head Dominique Strauss-Kahn about the risk of currency war if the country will use exchange rates to solve internal problems. Obviously, this is a warning shot before the weekend.

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