日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Europe

G20 vows to support financial stability, sustainable growth

Xinhua | Updated: 2013-02-17 07:30

MOSCOW - Finance ministers and central bankers of the Group of 20 (G20) on Saturday pledged to strengthen financial stability and promote sustainable growth at the conclusion of a two-day meeting here.

In a joint communique issued following the meeting, the finance officials vowed to promote more market-determined exchange rate systems and let exchange rate flexibility to reflect underlying fundamentals.

G20 vows to support financial stability, sustainable growth

Finance ministers and central bank governors pose for a family photo during a meeting of G20 finance ministers and central bank governors at the Manezh Exhibition Center in Moscow, Feb 16, 2013. [Photo/Agencies]

They recognized the "adverse implications" of volatile financial flows and exchange rates for economic stability, reaffirmed their commitment to refrain from competitive devaluation.

"We will not target our exchange rates for competitive purposes, will resist all forms of protectionism and keep our markets open," said the communique.

The Japanese Yen has plunged against other major currencies recently following moves by Japan's new leaders to ease monetary policy and stimulate the economy, sparking fears of a new round of "currency war."

But several high-ranking officials form major international financial institutions called the hypothetical conflicts over currencies as "rootless" and "pointless."

Angel Gurria, Secretary General of the Organization for Economic Cooperation and Development (OECD) said on the first day of the meeting that the term "currency war" was out-of-date and should not be discussed at the G20 level.

Instead of being distracted by the old jargon, today's policy makers should focus more on productivity and competitiveness, Gurria said.

International Monetary Fund (IMF) chief Christine Lagarde said that though the imbalance of economic recovery has posed pressures on various countries, the IMF review showed relevant currencies have been fairly valuated.

European Central Bank chief Mario Draghi also rebuffed the currency war rhetoric, saying exchange rates were not policy goals, but played important roles in promoting growth and stabilizing prices.

Meanwhile, the ultra-loose monetary policies adopted by major developed countries also caused concerns from their developing partners in the meeting, since currency devaluation negatively affected the export and foreign reserves of emerging economies.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 岛国av片 | 99久久伊人 | 麻豆av网址| 99精品免费观看 | 日韩精品成人一区 | 成人在线视频网站 | 波多野结衣成人在线 | 黄色网入口站 | 一级的大片 | 欧美久操| 四虎在线免费播放 | 欧美精品123| 色悠悠久久综合 | 麻豆国产在线播放 | 在线免费观看日韩av | 色久视频| 日本在线国产 | 精品小视频 | 国产精品地址 | 福利视频在线播放 | 五月婷婷狠狠 | 黄色片在线播放 | 亚洲国产网 | 亚洲在线网站 | 久久精品视频免费观看 | 国产精品一区二区三区四区五区 | 成人av三级| 国产日韩第一页 | 丰满肉嫩西川结衣av | 性国产精品 | 福利网在线观看 | 日日夜夜精品免费 | 校园春色亚洲 | gogogo免费高清日本写真 | 综合黄色 | 欧美日韩色视频 | 中国女人一级一次看片 | 亚洲一区二区三区免费 | 国产乱码久久久久 | 国产精品久久精品 | 日韩女优一区 |