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.
Immediately related elementsHow this works
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The G-20 London Summit 2009 »The G-20 London Summit 2009
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G-20 Summit Communiqué »G-20 Summit Communiqué
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Restoring growth and jobs »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 »Candid, even-handed, and independent IMF surveillance
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