Economics

G-20 Seeks Common Ground on Currencies After Yen Split

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Global finance chiefs are seeking to find common ground on currencies after an effort to calm tensions between rich governments backfired.

Group of 20 finance ministers and central bankers begin talks in Moscow today with investors seeking clarity on how comfortable they are with a sliding yen. Questions are being asked after the Group of Seven united around a pledge not to target exchange rates only to divide over its meaning for Japan.