U.S. gov’t delays currency report
The U.S. government Saturday announced to delay a report to Congress on international economic and exchange rate policies which was originally scheduled on April 15, according to a statement released by Treasury Secretary Tim Geithner.
“I have decided to delay publication of the report to Congress on the international economic and exchange rate policies of our major trading partners due on April 15,” Geithner said.
He said there were better venues to advance U.S. interests and did not give a date for the release of the report.
“There are a series of very important high-level meetings over the next three months that will be critical to bringing about policies that will help create a stronger, more sustainable, and more balanced global economy,” the statement said.
Those meetings include a Group of 20 (G20) Finance Ministers and Central Bank Governors meeting in Washington later this month, the Strategic and Economic Dialogue (S&ED) with China in May, and the G20 Finance Ministers and Leaders meetings in June.
