Currency volatility a growth risk says G7

Exchange rates should be flexible and avoid excess volatility, the Group of Seven (G7) industrial nations said at the weekend.

"Excess volatility and disorderly movements in exchange rates are undesirable for economic growth,'' the G7 finance ministers and central bankers said in a statement at the end of their two-day meeting in Boca Raton.

"We emphasise that more flexibility in exchange rates is desirable for major countries or economic areas."

Japanese finance minister Sadakazu Tanigaki said

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: