G20 consensus against currency manipulation - Russia
MOSCOW Feb 16 (Reuters) - Group of 20 financial policy makers meeting in Moscow have reached a consensus not to promote their economies with the help of currency manipulation, Russian Finance Minister Anton Siluanov said on Saturday.
"Changes in currency policy in one country will affect others," Siluanov told a news conference after chairing a meeting of finance ministers and central bankers in Moscow.
Siluanov said there should be competition between economies, and not between currencies. "This is what governments should be doing, and not manipulating foreign exchange markets," he said.
- Malaysia Airlines plane missing at sea off Vietnam, presumed crashed |
- CORRECTED-UPDATE 4-Malaysia Airlines plane crashes in South China Sea with 239 people aboard - report
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Malaysian plane crashed off Vietnam coast: state media
- No signal picked up from missing Malaysia Airlines plane-Vietnam official