From VOA News:
Finance policy makers from the world's 20 largest economies and the heads of the World Bank and International Monetary Fund are in South Korea. Their two-day meeting, which began Friday, focuses on avoiding a currency war that could lead to another global economic downturn.
The Group of 20 nations have a consensus on which way they need to go in terms of currencies. That is the word from Canada's finance minister, Jim Flaherty. He spoke Friday just before the G20 finance ministers and central bank governors began their meeting.
"Where we're trying to get to is an action plan that will avoid the temptation by some countries to protect their currencies in different ways," Flaherty said......read on
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