Japan's Aso: Current account imbalance must be addressed via multilateral framework

Omkar Godbole FXStreet Contributor

Japan's Finance Minister Aso believes the current account imbalances must be addressed via a multilateral framework and not the bilateral deals as desired by the US.

Key quotes (Reuters)

Current account imbalance must be addressed by multilateral, not bilateral framework
Imbalances must be solved by fixing savings and investment balance, not FX adjustment
No plan to resign

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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