Friday, February 15, 2013

G-20 to focus on currency in Russian parley.

G-20 Finance Ministers are due to meet in Moscow today and tomorrow, where discussions are set to include how to fund infrastructure building, changing a 2010 Toronto agreement about cutting deficits because many of the commitments haven't been met, and, of course, currency movements. Russia wants "specific" language opposing forex manipulation, although there seems to be little chance that Japan will get singled out.

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