By Suzanne Presto
The International Monetary Fund concluded two days of talks in Washington Saturday without reaching a solution to address rising tensions about currency exchange rates. Meanwhile, the World Bank says it does not believe these issues will overshadow talk of development at next month’s G-20 meeting.
A communiqué issued Saturday at the conclusion of the International Monetary Fund meetings says the IMF pledges to “deepen its work” in areas including global imbalances and exchange rate movements.
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