G20 struggles over forex, at odds over debts

Posted by Forexsq 624 days ago (http://www.reuters.com)
img The Group of 20 major economies struggled on Friday to find common ground on currencies and borrowing, exposing rifts between advocates of a dash for growth and supporters of more austerity to revive the world economy.

A meeting in Moscow of finance officials from the G20 nations, which account for 90 percent of the world's gross domestic product and two-thirds of its population, looked likely to be dominated by sparring over Japan's expansive policies that have driven down the value of the yen.

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