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Statement on China's Exchange Rate

June 19, 2010

China's decision to increase the flexibility of its exchange rate is a constructive step that can help safeguard the recovery and contribute to a more balanced global economy. I look forward to discussing these and other issues at the G-20 summit in Toronto next weekend.

Barack Obama, Statement on China's Exchange Rate Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/288747

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