Search This Blog

10/07/2010

S.Korea Lee: G20 needs coordination on forex policy

Oct 7 (Reuters) - South Korean President Lee Myung-bak said on Thursday that foreign exchange policy was among the issues on which G20 economies needed to discuss coordination at next month's summit here.

"The world must coordinate, and in that context (countries) need to discuss international coordination on various pending issues including foreign exchange at the G20 Seoul summit," a statement from his office quoted Lee as saying at a lunch with advisers to Seoul.

Lee will chair the Nov. 11-12 summit of the Group of 20 developed and leading emerging economies. (Reporting by Yoo Choonsik; Additional reporting by Cheon Jong-woop; Editing by Chris Lewis)

No comments:

Post a Comment