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Race to Devalue Would Be 'Fatal': ECB Official

October 15, 2010

European Central Bank policymaker Juergen Stark said better global coordination was needed to smooth out currency swings, which must on no account be allowed to develop into a race to devalue, a newspaper reported.

Source: http://www.cnbc.com/id/39681634?__source=RSS*tag*&par=RSS
 
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