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APEC finance ministers will not compete on the devaluation of currency
Friday 11 September 2015
Said finance ministers forum of economic cooperation for Asia and the Pacific (APC) said they remain committed to addressing the weaknesses in their economies, but stressed their determination to refrain from competition on the currency and resist protectionism value, Ministers stressed in a statement after a meeting in the Philippines on a previous commitment to monetary policy and those related to the price exchange
For his part, Chinese Vice Minister of Finance said on Friday that volatility in stock and currency markets in China during the recent period are temporary fluctuations
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Friday 11 September 2015
Said finance ministers forum of economic cooperation for Asia and the Pacific (APC) said they remain committed to addressing the weaknesses in their economies, but stressed their determination to refrain from competition on the currency and resist protectionism value, Ministers stressed in a statement after a meeting in the Philippines on a previous commitment to monetary policy and those related to the price exchange
For his part, Chinese Vice Minister of Finance said on Friday that volatility in stock and currency markets in China during the recent period are temporary fluctuations
[You must be registered and logged in to see this link.]
