Financial Regulatory Forum

Darling says will not harm UK’s financial sector

 A man looks out over Hampstead Heath, with the City of London in the background October 29, 2009.   By Matt Falloon and Steve Slater

HORSHAM, England, Dec 7 (Reuters) – The British government will not do anything to hurt London’s financial prowess and would rather go too far with economic support measures than not go far enough, Finance Minister Alistair Darling said on Monday.

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Russia eyes “soft” measures against capital inflow

Russia eyes “soft” measures against capital inflow
MOSCOW, Nov 18 (Reuters) – Russia is discussing possible “soft” measures to limit speculative capital inflows and may adjust the parameters of its currency market intervention policy, central bank chairman Sergei Ignatyev said on Wednesday.
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China hints at resumption of yuan appreciation

By Zhou Xin and Jason Subler
BEIJING, Nov 11 (Reuters) – China sent its clearest signal yet that it was ready to allow yuan appreciation after an 18-month hiatus, saying on Wednesday it would consider major currencies, not just the dollar, in guiding the exchange rate.
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INTERVIEW – Obama says will raise currency with China

U.S. President Barack Obama answers questions during an interview with Reuters in the Oval Office at the White House in Washington, November 9, 2009.   REUTERS/Jim Young   (UNITED STATES POLITICS) By Caren Bohan and Alister Bull
WASHINGTON, Nov 9 (Reuters) – U.S. President Barack Obama said on Monday he plans to raise the issue of the yuan currency with Chinese officials when he meets with them in Beijing next week.

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U.S. Fed chief Bernanke says ‘exit’ strategy essential for dollar confidence

Chairman of the Federal Reserve Ben Bernanke speaks at the Federal Reserve Conference on Key Developments in Monetary Policy in Washington October 8, 2009. (File Photo) REUTERS/Kevin Lamarque SANTA BARBARA, Calif., Oct 19 (Reuters) – Federal Reserve Chairman Ben Bernanke on Monday said that the performance of the dollar and the U.S. economy will depend on the government’s success in controlling the country’s budget deficit.

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ANALYST VIEWS: G20 ends reign of G7 in Pittsburgh

U.S. President Barack Obama leaves a news conference at the end of the G20 Summit in Pittsburgh, Pennsylvania September 25, 2009. REUTERS/Jim Young (UNITED STATES POLITICS BUSINESS) PITTSBURGH (Reuters) – Group of 20 leaders on Friday designated themselves as the new forum for steering the world economy, ending the long reign of the G7 as the preeminent committee for guiding global growth:

The G20 leaders said their representatives would report back to them at the next meeting “on how to maximize the effectiveness of our cooperation”, and agreed to have a G20 summit in Canada in June 2010 and in Korea in November.
Meetings thereafter will probably be held annually, and France will be the host in 2011.

Following is a selection of analyst reactions:

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