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G20 leaders vow to avoid currency manipulation

7 years ago38 views

G20 leaders vowed Friday to avoid currency manipulation and trade protectionism, but deep differences between China and the US prevented major progress in rebalancing the skewed global economy. In a summit declaration, the leaders of the world's biggest rich and emerging economies agreed to craft "indicative guidelines" to reorient trade between surplus and deficit nations. Duration: 02:28.