As announced, they “welcome China’s decision to increase the flexibility of its currency, but “stress its need to allow an accelerated appreciation of its effective exchange rate” 2 .
Earlier in October, the Finance Ministers of the Euro group noted with great attention that the “US authorities have reaffirmed that a strong dollar is in the interest of the US economy” 3 and commented that “the sustainable recovery path” of the Japanese economy should “be incorporated in the assessment of risks”.