AMN / WEB DESK
Finance heads from the Group of Seven countries on Wednesday reaffirmed their view that excessive movements in foreign exchange rates can have adverse effects on economic stability.
A joint statement released after their meeting in Washington also said they will “ensure close coordination of any future measure to diminish Iran’s ability to acquire, produce, or transfer weapons to support its destabilizing regional activities.”
The finance ministers and central bank governors of the world’s major industrial democracies, including Japan, Germany and the United States, condemned Iran’s unprecedented attack on Israel over the weekend in retaliation for a strike on its embassy compound in Damascus on April 1.
The ministers and governors held talks on the sidelines of the International Monetary Fund and World Bank spring meetings.