Currency Markets in the News
G7 To Meet Friday in Extremely Difficult Circumstances
October 4, 2008
Since the latter half of the 1980’s, Group of Seven finance ministers and central bank heads have met three times each year to share information about their economies and to coordinate foreign exchange and some other policies. Their next meeting will be in Washington on October 10th. I have compiled a chronology below of what […] More
Currency Markets in the News
G7 Meetings Since the 9/11 Attacks: Evolution of Foreign Exchange Policy Coordination
October 4, 2008
04//11/08 Washington Replaced two sentences of FX section stating a desire for parities to reflect fundamentals and not show excessive volatility with the following more sharply worded protest: “We reaffirm our shared interest in a strong and stable international financial system. Since our last meeting, there have been at times sharp fluctuations in major currencies, […] More
