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Refrain from competitive devaluation of currencies

We will conduct all our economic policies cooperatively and responsibly with regard to the impact on other countries and will refrain from competitive devaluation of our currencies and promote a stable and well-functioning international monetary system.

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The G-20 London Summit 2009
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G-20 Summit Communiqué
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Restoring growth and jobs
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Refrain from competitive devaluation of currencies
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Candid, even-handed, and independent IMF surveillance
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Concerted fiscal expansion
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Ensure long-term fiscal and price stability
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Exceptional action by central banks
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Restore domestic lending and international capital flows
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