WASHINGTON – Finance chiefs from the Group of 20 started a two-day meeting Thursday night in the U.S. with Japan expected to make an effort to play down concerns about its bold quantitative easing measures, which are weakening the yen and threatening to harm other economies.
The G-20 members are expected to basically confirm that they will refrain from competitive currency devaluation and not target exchange rates for competitive purposes, as agreed in their last meeting in February.
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