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Wednesday, March 23, 2016
'Shanghai Accord', From Rumors to Positive Meaning
ANBOUND

In light of the changes in its member states' monetary policies and the continued depreciation of USD after the G20 Summit in Shanghai, ANBOUND’s research team believes that these have at the very least show that the member states have reached a high-level understanding on the depreciation of USD and this is in line with the interest of both the global economy and US economy.

Although the so called 'Shanghai Accord’ is non-existent, the central banks of the member states has made remarkable achievements in coordinating the global macro financial governance under the framework of G20 and this has a highly positive meaning.

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