Description: The worldâ€™s financial leaders failed on Saturday to reach agreement on how to contain an escalating currency dispute that has threatened to undermine global cooperation on economic recovery.
Questions for discussion:
- Summarize the situation and the concerns over currencies.
- What role should be played by the IMF and other financial players?
- What do you believe will happen over the next six months?
- How should financial managers of firms that are affected by fluctuations in currencies prepare?