Monday, February 27, 2012

Geithner urges more currency flexibility

U.S. Treasury Secretary Geithner speaks next to Japan's Finance Minister Azumi during their joint news conference at the Finance Ministry in Tokyo(Reuters) - Treasury Secretary Timothy Geithner said on Thursday that key emerging-market nations must let their currencies rise in value in order permit more stable global growth. In an interview in Tokyo with Japanese broadcaster NHK, Geithner appeared to refer to China when he spoke about the role of emerging market countries in creating a more stable monetary system. ...


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