Lagarde: G20 cannot deal with current FX uncertainty

LONDON Tue Nov 16, 2010 8:37am EST

LONDON Nov 16 (Reuters) - French Economy Minister Christine Lagarde on Tuesday said the Group of 20 nations cannot deal with uncertainty on currencies at the moment.

"The G20 cannot deal with the current level of uncertainty on currencies, that is clear," she said at a conference in London.

Lagarde made the comments in reference to France's role as the presidency of the G20, which began this week.

(Reporting by Naomi Tajitsu and Neal Armstrong)