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Blog posts : "currencies"

G20 summit moves closer to agreement on currencies

G20 SeoulGYEONGJU, South Korea – A summit of the world's major economies is moving closer to an agreement on policies to reduce currency tensions that threaten the global recovery, a U.S. official said Saturday.

But any accord from the meeting of Group of 20 finance ministers and central bank governors is u…

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Currencies center stage as G20 gets under way

G20GYEONGJU, South Korea – The U.S. pressed emerging nations to set targets to reduce their vast trade surpluses with the West, a plan that could see their currencies rise, as a global finance summit fumbled for ways to reduce tensions that threaten to escalate into a trade war.

U.S. Treasury Secretar…

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2 blog posts