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G20 draft: Exchange rates should be allowed to adjust to fundamentals- Reuters
G20 reiterates commitment to more market-determined exchange rates, refrain from competitive devaluations Monetary policy should target domestic price stability Mindful of unintended negative consequences of long period of monetary easing Excessive volatility of capitol flows, disorderly forex moves are bad for economic stability Near-term challenges are to boost jobs and growth, reduce fiscal fragmentation
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