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Europe Daily Bulletin No. 10784

13 February 2013
ECONOMY - FINANCE - BUSINESS / (ae) economy
Rehn calls for global coordination on exchange rates

Brussels, 12/02/2013 (Agence Europe) - After the ECOFIN Council meeting in Brussels on Tuesday 12 February, Euro Commissioner Olli Rehn said that international coordination was required to avoid competitive currency devaluations. He was speaking ahead of the G20 Finance summit in Moscow at the end of the week, adding that he expected leading world economists to commit in Moscow to stable exchange rates set by market forces and reflecting the fundamentals of the global economy.

Rehn said...

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