G20 alert currency volatility risks – Portafolio.co

Finance ministers and heads of central banks of the G20 expressed the need to monitor the & ldquo; volatility of the exchange rate & rdquo ;, at a time when the valorisation & oacute; n the d & oacute; lar affects important part of the economy & iacute; world.

In a statement during Reuni & oacute; n Spring International Monetary Fund (IMF) and World Bank (WB), the group Destac & oacute; the & ldquo; important Defiance & iacute; I & rdquo; imposed by the & ldquo; volatility of exchange rates and the per & iacute; odo prolonged low inflation & oacute; n & rdquo; in many pa & iacute; oped.

The members promised also & eacute; n & ldquo; monitor the volatility in financial markets and take action if necessary & rdquo; .

The rise of d & oacute; lar against other currencies, including the euro, disrupts several months the economy & iacute; internationally. While benefiting exporters outside the United States, this may weigh on US growth, and complicate the situation & oacute; n states or companies indebted d DOLLARS .

The G20 Finance concluy & oacute; your return & oacute; n stressing that & ldquo; 2015 is a & ntilde; o crucial for global goals & rdquo ;, development in particular, with a conference on development in Addis Ababa and at the end of a & ntilde; or, the climate conference cop21, Par & iacute; s.

Senior officials called a & ldquo; all financial institutions and international organizations to implement ambitious projects & rdquo organizations; on the issue of development

AFP

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Finance ministers and heads of central banks of the G20 expressed the need to monitor the “volatility of the exchange rate” at a time when the value of the dollar affects an important part of the global economy .

In one reported during the Spring Meeting of the International Monetary Fund (IMF) and World Bank (WB), the group statement highlighted the “significant challenges” posed by the “volatility exchange rates and the prolonged period of low inflation “in many developed countries.

Members also promised to “monitor the volatility in financial markets and take action if necessary.”

The rise of the dollar against other currencies, including the euro, disrupts several months the international economy. While benefiting exporters outside the United States, this may weigh on US growth, and complicate the situation of states or companies indebted in dollars.

The G20 Finance concluded his statement stressing that “2015 is a crucial global development goals year,” particularly with a conference on development in Addis Ababa and at the end of the year the climate conference cop21 in Paris.

Senior officials called for “all financial institutions and international organizations to implement ambitious projects” on the issue of development.

AFP