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for Economic Cooperation and Development (OECD) said on the first day of the meeting that the term "currency war" was out-of-date and should not be discussed at the G20 level.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: 黄色大片免费看 | 国产精品99久久久久久动医院 | 国产欧美另类 | 国产色一区 | 成年人黄色片网站 | 亚洲男人皇宫 | 久久久久久国产精品视频 | 亚洲精品视频免费观看 | 五月婷婷亚洲 | 国产美女91呻吟求 | 高清一区二区三区四区 | 久久精品成人一区二区三区蜜臀 | 亚洲婷婷网| 99精彩视频 | wwwxxx日韩| 欧美黑人一区二区三区 | 久色婷婷 | 欧美激情国产精品 | 天天操比 | 成人黄色a | 日本亚洲最大的色成网站www | 亚洲福利久久 | 欧美系列第一页 | 成人a在线观看 | 97在线观看免费 | 日韩欧美在线第一页 | 久久精品无码一区二区三区 | 国产日韩欧美视频在线观看 | 国产有码视频 | 九色91在线| 激情网站在线 | 日韩欧美亚洲视频 | 樱桃视频污在线观看 | 成人看片黄a免费看视频 | 免费萌白酱国产一区二区三区 | 日韩在线色 | 亚洲综合在线视频 | 男人影院在线观看 | 亚洲欧洲日本在线 | 人人插人人搞 | 在线免费日韩av |