G20 seeks to banish 'currency war' talk in Moscow | Bangkok Post: news

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G20 seeks to banish 'currency war' talk in Moscow

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Finance ministers from G20 states gathered Friday in Moscow for their first meeting in the Russian capital aimed at reassuring markets that the world's economic powers would not slug it out in "currency wars" to boost national growth. 

IMF managing director Christine Lagarde at the G20 finance ministers' meeting in Moscow today. Finance ministers from G20 states gathered n Moscow for their first meeting in the Russian capital aimed at reassuring markets that the world's economic powers would not slug it out in "currency wars" to boost national growth.

The troubles of the debt-ridden eurozone will for the first time in several international meetings not be centre stage, with the main concern expected to be Japan's controversial plan for "monetary easing" that weakens the yen.

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