Finance Ministers and Central Bank Governors Meet in Paris

As the international monetary crisis continues and in the context of finding a solution, Finance Ministers and Central Bank Governors from the nine member states, along with experts from the European Monetary Fund, are meeting in Paris. Their counterparts from the USA, Japan, Canada, Switzerland, and Sweden are also attending these discussions. They are deciding on the margin formation for their currencies. Six of the Community countries and some outside of it set it at 2.25%.