US seeks G20 progress on market-determined exchange rates

WASHINGTON, Nov 1 (BestGrowthStock) – The United States will be
looking at the Group of 20 summit in South Korea for more
progress on the part of key emerging economies in moving toward
market-determined exchange rates.

U.S. Treasury Under Secretary for International Affairs
Lael Brainard, speaking at a briefing to preview President
Barack Obama’s coming Asia trip, said Washington was seeking
summit leaders’ endorsement of a framework to limit excessive
economic imbalances.

US seeks G20 progress on market-determined exchange rates