News Headline Summary

G20 to refrain from competitive devaluation according to a draft communique date Feb 11th

- Committed to cutting global imbalances.
- G20 committed to avoiding FX rate 'misalignment'
- G20 to resist 'protectionism in all forms'.
- US and Japan need to resolve fiscal uncertainties.
- G20 pledge to refrain from competitive devaluation.

14 Feb 2013 - 14:48 - Economic Commentary - Source: Newswires

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