ALSO READJapan, U.S. agree to abide by G7, G20 FX agreement - Aso Germany wants G20 to keep language on trade, currencies, climate - sources Germany's Schaeuble urges G20 - work together to fix world's woes Germany denies media report about G20 push for tighter monetary policy G20 finance heads to repeat FX assurances, no deal yet on rejecting protectionism
BADEN BADEN, Germany (Reuters) - Japanese Finance Minister Taro Aso said on Friday it was "very important" for the Group of 20 economies to reconfirm its warning that excess currency volatility was undesirable for economic stability.
"I told my G20 counterparts that while the global economy was recovering gradually, downside risks existed so it was important to reconfirm a G20 commitment to use all available tools, individually and collectively, to ensure economic stability," Aso said.
On global trade, Aso said he stressed the importance of having "free and fair rules" on global trade, which have brought prosperity to many economies.
(Reporting by Leika Kihara; Editing by Chizu Nomiyama)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)