Posted by & filed under Economic Analysis, Governments & Regulators.

Description: The world’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.

Source: NYTimes.com
 
Date: 10/09/2010

Link: http://www.nytimes.com/2010/10/10/business/global/10imf.html?_r=1&ref=business

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?

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