The chair's statement from the G20 Finance Ministers and Central Bank Governors Meeting is reported to reaffirm the agreement reached in April 2021, stating that excessive volatility and disorderly movements in exchange rates could adversely affect economic and financial stability.
According to Kyodo News, the chair's statement from the G20 Finance Ministers and Central Bank Governors Meeting expresses concern about excessive volatility and disorderly movements in exchange rates and emphasizes the risks to economic and financial stability. The statement is said to reaffirm the agreement adopted in April 2021.
The statement indicates a recognition that it is important to restrain extreme movements that could undermine stability in the foreign exchange market. Finance authorities and central banks are said to have expressed their intention to reaffirm their commitment to maintaining orderly markets through international coordination.
This information was distributed by media outlets including Infoseek News based on Kyodo News coverage. As the statements of those involved continue to be reported, attention is focusing on the continuity of international cooperation aimed at stabilizing exchange rates.