(WASHINGTON) — Treasury Secretary Timothy Geithner is urging the International Monetary Fund to play a bigger role in monitoring how countries manage their currencies.
Geithner told the IMF's top policy committee on Saturday that the 187-nation lending institution must speak more forcefully about exchange rate policies.
I agree with Geithner on this. In fact, I have wondered for a very long time why IMF does not take a greater role/take control of currency exchange rates.
Geez! That's two Geithner articles in a day! Must have woken up on the wrong side ... lol
__________________
Democracy needs defending - SOS Hillary Clinton, Sept 8, 2010 Democracy is more than just elections - SOS Hillary Clinton, Oct 28, 2010