(Reuters) - "The new decision reflects current best practice in our
work of monitoring members' exchange rate policies and domestic
economic policies," Rato said in the prepared text of a speech
in Montreal.
He said that, while IMF's surveillance will continue to
focus on members' exchange rate policies relating to currency
manipulation and intervention in the currency markets, it will
now also ensure that "a member should avoid exchange rate
policies that result in external instability."
Read more at Reuters.com Bonds News
work of monitoring members' exchange rate policies and domestic
economic policies," Rato said in the prepared text of a speech
in Montreal.
He said that, while IMF's surveillance will continue to
focus on members' exchange rate policies relating to currency
manipulation and intervention in the currency markets, it will
now also ensure that "a member should avoid exchange rate
policies that result in external instability."
Read more at Reuters.com Bonds News
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