Latest update: 12/11/2010 

- China - dollar - economy - Stock Exchange - USA - Yuan


G20: Tensions brew over currency

No Flash warning
To take advantage of all the features on FRANCE24.COM, please click here to download the latest version of Flash Player.

Currency wars took central stage at the start of the G20 summit. The problem is that some countries are trying to gain a competitive edge by devaluing their own currencies to make exports more attractive. China and the United States are the primary practitioners of this tactic. Philippe Leroy, CEO of Detroyat Associés helps us understand why tensions are mounting over exchange rates, and what impact they have on the global economy.


Comments
Post new comment
To prevent automated spam submissions leave this field empty.

Related Content
Close