foreign exchange policy
G7 Leaders Summit and the Dollar
May 28, 2017
Three matters attracted keen attention at the two-day summit of Group of Seven leaders in Taormina, Sicily: international terrorism, trade, and climate change. The first priority enjoyed the most agreement going into the meeting, and a considerable portion of the six-page communique is devoted to coordinating efforts to defeating terrorism in Syria, Libya, Iraq, North […] More
Bari Statement of G7 Finance Ministers and Central Bank Governors
May 14, 2017
Group of Seven finance ministers and central bank chiefs released a five-page statement following their two days of talks in Bari, Italy. The meeting was a preamble to the summit of G7 leaders later this month in Sicily. It will be the first one attended by President Trump, and the broad waves he has been […] More
G20 Leaders Made No Change to Currency Policy
September 6, 2016
Leaders from the Group of 20 completed their meetings in Hangzhou, China and released a statement of roughly 7,250 words. Four sentences summarize their common view on exchange rates: We reiterate that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability. Our relevant authorities will consult closely on […] More
