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Strauss-Kahn Sees No ‘Big Risk’ of Currency ‘War’

International Monetary Fund Managing Director Dominique Strauss-Kahn said he sees no major danger of an escalation of currency devaluations as countries seek to boost economic growth.

“I don’t feel today there’s a big risk of a currency war, but that’s part of the downside risks,” Strauss-Kahn told reporters at a briefing today at the Washington-based institution. “It will be one of the questions that will be very much discussed” in coming meetings of finance ministers and chiefs of state of the Group of 20.