Currency War: India to take up currency devaluation issue at G20

TSCFWA -- The recent shocks in the global economy triggered by the Chinese devaluation of yuan and its economic slowdown are likely to dominate discussions in the two-day meeting of G20 Finance Ministers and Central Bank Governors starting here tomorrow over which India has expressed serious concern.

Finance Minister Arun Jaitley arrived here today with India deprecating the recent devaluation of major currencies followed by currency depreciation

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