Nov 6, 2015

TPP nations agree to abstain from currency wars

The dozen countries that signed the Trans-Pacific Partnership have committed to refraining from competitive currency devaluations and to being transparent about their exchange-rate policies, the U.S. said. Negotiators for Pacific Rim nations including Japan, Australia and Vietnam agreed last month to the deal, which ...

Sep 22, 2015

30 years after Plaza Accord, nations' currency goals evolve


Thirty years after the implementation of the dollar-weakening Plaza Accord, the purpose of joint currency interventions has shifted significantly as enormous global markets have become increasingly resistant to coordinated sovereign influences. The historic 1985 deal between Britain, France, Japan, West Germany and the United ...

Sep 6, 2015

G-20 leaders plot careful way forward

Warily watching economic clouds gathering in China and the possibility of an end to zero interest rates in the United States, Group of 20 (G-20) leaders steered a careful course at their meeting in Turkey at a time of uneven and fragile growth. The ...