U.S. Treasury Undersecretary of Intl Affairs Lael Brainard

U.S. Treasury Undersecretary of Intl Affairs Lael Brainard

Andrew Harrer/Bloomberg

U.S. Treasury Undersecretary for International Affairs Lael Brainard stated that "the G-7 pledged that exchange rates should float freely, except in rare circumstances where excess volatility or disorderly movements might warrant cooperation."