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
G-20 Summit Communiqué »G-20 Summit Communiqué
Restoring growth and jobs »Restoring growth and jobs
Refrain from competitive devaluation of currencies
Candid, even-handed, and independent IMF surveillance »Candid, even-handed, and independent IMF surveillance
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