Arab Today, arab today us urges g20 to avoid competing currency policies
Last Updated : GMT 05:46:54
Arab Today, arab today
Arab Today, arab today

US urges G20 to avoid competing currency policies

Arab Today, arab today

Arab Today, arab today US urges G20 to avoid competing currency policies

Beijing - XINHUA

US Treasury Secretary Jacob Lew said before the G20 meeting, that the U.S. will press other members of the Group of 20 to avoid competing currency policies during the G20 meeting.He said the US will continue calling for G20 countries to avoid a downward spiral of \"beggar thy neighbor\" policies. The Treasury warned Japan and South Korea last Friday against using exchange rates to gain a competitive advantage.

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