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G20 vows to move "more rapidly" to boost fx flexibility-draft
November 4, 2011 / 9:16 AM / in 6 years

G20 vows to move "more rapidly" to boost fx flexibility-draft

CANNES, France, Nov 4 (Reuters) - Group of 20 nations have agreed to move more rapidly towards flexible, market-determined exchange rate systems, according to a draft action plan that is part of their Cannes summit communique.

The draft also welcomed China’s determination to increase currency flexibility in line with market fundamentals.

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