Swissy Strengthens, Kiwi Weakens
June 28, 2010
The summit of G-20 leaders in Toronto over the weekend released a statement that had something for everybody. Omitted any reference to the yuan or, more generally, foreign exchange conditions and policy coordination. Identified a strengthening recovery as the key near-term priority. Warned of the downside risk from a synchronized fiscal adjustment across several major [...]
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