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Old 10-10-2010, 09:05 PM
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Post IMF gathering fails to tackle threat of currency war

Last week, the International Monetary Fund (IMF) expressed its concern for a currency war. The Fund said if Governments across the world use exchange rates as a policy weapon, there could be a serious risk to global economic recovery. However, this weekend’s IMF and World Bank annual meeting in Washington saw the currency issue unresolved. [...]

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