The G20 members have promised ahead of this weekend's meeting that they will do what they can to avoid an all-out currency war.
A draft post from the group says the G20 will turn toward more market oriented exchange rate mechanisms. But it also wants to lessen the influence of excessive fluctuations on the market.
Meanwhile, Japan's finance minister will call for more flexibility in emerging Asian currencies. The yen's gains have threatened to derail the country's export led economic recovery.
(CNTV.cn October 22, 2010)