Canada refuses to say if G7 was aiming at Japan on foreign exchange


  • Business
  • Wednesday, 13 Feb 2013

OTTAWA: Canada declined on Tuesday to say whether the Group of Seven (G7) leading industrialized nations had targeted Japan in the group's statement on foreign exchange rates.

A senior Canadian finance official was asked on a call with reporters whether he endorsed the view that the G7 communique did not aim at any country, or the view it was aimed at Japan. He would only say the communique was meant to strike a balance.

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