Statement by President Obama on China’s Decision to Increase the Flexibility of its Exchange Rate

Washington, D.C.–(ENEWSPF)–June 21, 2010.

China’s decision to increase the flexibility of its exchange rate is a constructive step that can help safeguard the recovery and contribute to a more balanced global economy.  I look forward to discussing these and other issues at the G-20 Summit in Toronto next weekend.

 

Source: whitehouse.gov