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G7 to cooperate on market moves after British vote to leave EU

They also said they affirmed that the British economy and financial sector remained resilient


Reuters  |  Tokyo 

Group of Seven finance leaders vowed on Friday to continue to consult closely on market moves and financial stability and cooperate as appropriate, after Britain voted to exit the European Union. G7 finance chiefs said in a statement they were monitoring market developments while recognising that excess volatility and disorderly moves in exchange rates can harm economic and financial stability. "We respect the intention expressed today by the people of the United Kingdom to exit from the European Union," G7 finance leaders said after a conference call held hours after ...

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First Published: Fri, June 24 2016. 18:33 IST