Japanese Finance Minister Shoichi Nakagawa said Friday that he doesn’t intend to raise the currency issue at the financial heads’ meeting of the Group of Seven industrialized nations in Rome this weekend.
G7 will be closely watched for verbal commitments to free trade, statements on FX policy, and any sign Geithner has managed to persuade other G7 nations, notably Germany, to provide greater fiscal stimulus for their economies, says UBS.
