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The main protagonists in the current currency skirmishes are the United States and China but developing economies are caught in the crossfire as governments talk of competitive devaluation and more controls on capital. A bid for a multilateral deal on currency rates will dominate the Group of 20 (G-20) summit in South Korea on 11-12 November, at which South Africa and the African Union will be represented....

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Keywords:

United States, China, South Korea, South Africa, Dominique Strauss-Kahn, Stanley Fischer, Zimbabwean, Israel, Pravin Gordhan, Jacob Zuma, Brazil, Russia, India, Nigeria, Lamido Sanusi, Africa Confidential