Summary
Leaders of the world's biggest economies papered over their differences at the G20 yesterday with an agreement to develop guidelines to prevent so-called "currency wars".
The deal falls well short of the four per cent limit on national trade deficits and surpluses proposed by US President Barack Obama, which was blocked by exporting countries China and Germany.See the full content of this document
Extract
Leaders Make Deal to Avoid 'Currency War'
Washington and Britain have accused Beijing of keeping the value of its yuan currency artificially low to make its exports cheap, fuelli...
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