There are plenty of currency war remarks coming out following the G20 meeting.
For example,
- US Treasury Secretary Mnuchin said Investors should not be concerned about a currency war
- From the Communique: Reaffirms exchange rate commitments made in the March statement to avoid competitive devaluations
I've already called b/s on this sort of guff.
Anyway, an official from Japan's Ministry of Finance has weighed in with:
- Currency debate did not flare up at the G20
Maybe not, but don't take your eye off policies to weaken exchange rates. K?
