FreeCurrencyRates.com

इंडियन आवाज़     20 Apr 2024 01:01:46      انڈین آواز

G 20 call for moving towards market-determined currency rates

(Last Updated On: 06/09/2015)

AMN /

World’s 20 big economies, including India, have called for moving towards market-determined currency rates and resisting competitive devaluation. A communiqué, issued at the end of the two-day meeting of the G20 Finance Ministers and Central Bank Governors in Turkish capital Ankara, said that the grouping will also resist all forms of protectionism.

The communiqué did not name China but it came against the backdrop China’s recent devaluation of yuan that triggered shocks in the global economy. It added that G20 expects that monetary policy tightening is possible in some advanced economies.

The G20 leaders also pledged to act decisively to shore up stuttering global growth. They said, global growth is falling short of expectations, despite strengthening activity in some economies.

Speaking to reporters, International Monetary Fund Managing Director Christine Lagarde said worldwide growth remained too moderate and uneven. She said most indicators, including trade and investment, are too weak.

Turkish Deputy Prime Minister Cevdet Yilmaz said the issue would be discussed at the G20 leaders summit in Antalya in November.

Leave a Reply

Your email address will not be published.

خبرنامہ

ایران اسرائیل تناؤ: یو این قیادت کا انتقامی اقدامات سے پرہیز کا مطالبہ

UN Photo/Loey Felipe سیکرٹری جنرل انتونیو گوتیرش نے عالمی برادری س ...

یونین پبلک سروس کمیشن نے سول سروسز امتحان 2023 کے حتمی نتائج کا اعلان کیا

،لکھنؤ کے آدتیہ سریواستو ٹاپر رہے۔ سول سروسز امتحان ...

اس انتخابی موسم میں مایاوتی، اویسی ووٹروں کے نشانے پر

ویسے تو دیکھنے میں اویسی بی جے پی اور اس کی اعلیٰ قیادت بشمول ...

MARQUEE

Singapore: PM urges married Singaporean couples to have babies during year of Dragon

AMN / WEB DESK Prime Minister of Singapore Lee Hsien Loong has urged married Singaporean couples to have ba ...

Himachal Pradesh receives large number of tourists for Christmas and New Year celebrations

AMN / SHIMLA All the tourist places of Himachal Pradesh are witnessing large number of tourists for the Ch ...

Indonesia offers free entry visa to Indian travelers

AMN / WEB DESK In a bid to give further boost to its tourism industry and bring a multiplier effect on the ...

MEDIA

 Sheyphali Sharan Takes Charge as PDG of PIB

AMN Senior Information Service Officer Sheyphali B Sharan today took over the charge of Principal Director ...

Noted Journalist Zafar Agha Passes Away

Journos shocked over his demise AMN / NEW DELHI Noted journalist and and the Editor-in-Chief Nation ...

RELIGION

Mata Vaishno Devi Bhawan Decorated With Imported Flowers Ahead Of Navratri Festival

AMN In Jammu, ahead of the festivl of Navratri, Katra and Mata Vaishno Devi Bhawan is decorated with import ...

Holy Relics of Lord Buddha Return to India After Exposition in Thailand

AMN The holy relics of Lord Buddha and his disciples Arahant Sariputta and Arahant Maha Moggallana has ret ...

@Powered By: Logicsart