The G-20 draft communique pledges to refrain from competitive devaluation and says the group is...

|By:, SA News Editor

The G-20 draft communique pledges to refrain from competitive devaluation and says the group is committed to cutting global imbalances and avoiding foreign-exchange rate misalignment. The yen (FXY +0.3%) remains stronger on the session, the euro (FXE -0.8%) significantly weaker.