BRICs urge currency reserve stability, free trade

BRASILIA, April 15 (BestGrowthStock) – The world’s leading emerging
powers said in a statement on Thursday that it was important to
maintain the stability of major reserve currencies and pledged
to resist trade protectionism in all forms.

In a communique after their summit in Brasilia, the leaders
of Brazil, Russia, India and China said that voting share
reforms at the World Bank to give developing countries more
clout should be approved at the Internional Monetary Fund’s
spring meetings this month in Washington.

Investmen t Advice

(Reporting by Raymond Colitt; Writing by Stuart Grudgings;
Editing by Eric Walsh)

BRICs urge currency reserve stability, free trade