WASHINGTON: The United States called on Saturday (Sunday in Manila) for the International Monetary Fund to speak out on crucial global economic matters, such as exchange rates, even if this made it unpopular.
“The IMF must intensify analysis of and become more vocal on key issues that impact growth and stability of the global economic system,” US Treasury Secretary Jacob Lew said in a statement, citing currency exchange rates, current account imbalances and demand shortfalls.
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