Jens Weidmann, president of the German Bundesbank, warns of currency wars, according to a FT article:
‘Whether intended or not, one consequence could be the increased politicisation of the exchange rate,” he said, according to a text of his speech provided by the Bundesbank. “Until now the international monetary system got through the crisis without competitive devaluations and I hope very much it stays that way.’
Πηγή: econoblog101