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FEB 11, 2013 - Zero Hedge

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What Are The G-20 Rules For Talking Down Your Currency?

With Abe talking his down explicitly, Weidmann talking his up explicitly, Draghi's subtle talk-down, Hollande's outright plea, and the developing world in full 'war' mode, Citi's Steven Englander sets out some brief 'rules of engagement' for the G-20 nations as competitive devaluation escalates.   Via Citi's Steven Englander: There are rumors that G2, G7 or G20 will make some comments on currency wars/competitive devaluations, in response to Japan’s perceived transgressions. Oddly enough Japan has not actually implemented any policy yet. It is unclear whether G20 rules apply to ... Read More

Tags: What Are The G-20 Rules For Talking Down Your Currency?,  Japanese Yen Latest News