From the AP, via Newsday:
Economic officials from the world’s richest countries resumed their pressure on China to adopt a more flexible exchange rate and called Saturday for vigorous action against such threats to growth as high oil prices, protectionism and inflation.
Finance ministers and central bank governors from the Group of Seven nations, meeting for the final time this year, singled out China in their closing statement as they warned about excess volatility and disorderly movements in exchange rates.
