News Headline Summary

IIF Banks Group says G7 currency statement is needed to calm FX tensions

Says:
- G7 must commit to market-determined exchange rates.
- Without G7 statement, currency volatility is expected to continue.
- G7 must communicate clear monetary easing strategy.
- Japan may need more aggressive monetary policy than expected.

Print 17:01, 11 Feb 2013 - Economic commentary - Source: Newswires