G-20 Officials Seek Currency Policy Compromise

Leaders of Group of 20 nations may ease tensions over exchange-rate policies by the end of their November summit, a South Korean official said after Brazil warned of deepening divisions.

“Policy makers are talking over the currency issue and thus I expect they will be able to find a compromise at the Seoul summit,” Sakong Il, chairman of the nation’s presidential committee for the summit, told reporters in Seoul today. He didn’t elaborate on what kind of solution may be found.