Soros Says Currency War Concerns ‘Not Far Off’ Mark

Billionaire investor George Soros said he shared concerns about a “currency war” and China must do more to accept its responsibilities in the global monetary system.

“I share the growing concern about the misalignment of currencies,” Soros wrote in an article for the Financial Times. “Brazil’s finance minister speaks of a latent currency war, and he is not far off the mark. It is in the currency markets where different economic policies and different economic and political systems interact and clash.”