G7 on FX: •We affirm our existing exchange rate commitments to market determined fx rates •Will consult closely in regard to actions in fx markets •We reaffirm our commitments to keep markets open, fight all forms of protectionism •We reaffirm our fiscal, monetary policies will remain oriented to meeting our respective domestic objectives and not target FX rates •We underscore importance of countries refraining from competitive devaluations •Excess volatility, disorderly moves in FX rates can have adverse implications for economic, financial stability (full story)