February 9, 2017 / 3:54 PM / in 10 months

IMF sees no firm evidence that currency wars are nearing

WASHINGTON (Reuters) - The International Monetary Fund does not see firm evidence that currency wars are nearing but would like to see Group of 20 major economies reaffirm their commitment to free and fair trade this year, IMF spokesman Gerry Rice said on Thursday.

FILE PHOTO - Chinese banknotes are seen at a vendor's cash box at a market in Beijing February 14, 2014. REUTERS/Kim Kyung-Hoon/File Photo

“I don’t see evidence of firm policy decisions made that would lead us to suggest that we’re heading for currency wars. So I think that would be premature,” Rice said in response to a question at a regular news briefing.

Reporting by David Lawder; Editing by Dan Grebler

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