Reuters: US Dollar Report: HIGHLIGHTS-Key quotes from G20 summit

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HIGHLIGHTS-Key quotes from G20 summit Sep 6th 2013, 14:45 ST. PETERSBURG, Sept 6 | Fri Sep 6, 2013 9:53am EDT ST. PETERSBURG, Sept 6 (Reuters) - Following are key quotes from leaders at the close of a G20 summit in St. Petersburg. RUSSIAN PRESIDENT VLADIMIR PUTIN "We achieved a consensus on the need to pursue policies that support economic growth while confirming medium-term national fiscal consolidation strategies." IMF MANAGING DIRECTOR CHRISTINE LAGARDE "It is also right that monetary policy remain supportive where appropriate. I am pleased that the G-20 recognizes the need to ensure that exit from unconventional monetary policy, when it comes, should be orderly and clearly communicated. "Both advanced economies and emerging markets will have to address their domestic challenges in order for spillovers to be effectively managed. The IMF will continue to engage in these areas given their significant implications for the global economy." "There's a readjustment and there is a repricing of assets, there is no question about it. There's some currency valuation as well and it only goes to show two things: one is all the consequences of the unconventional monetary policy and tapering from such policies have to be considered and number 2: all countries have to do something about it in terms of anticipation and preventing the unfolding of potential crisis. We're not at this sort of crisis, we certainly hope that it could be avoided and it should be avoidable if countries do what they have to do." FRENCH FINANCE MINISTER PIERRE MOSCOVICI "On growth and economics it was a good meeting here in St Petersburg. We could consolidate that we decided before to give the priority to growth taking into account that we need to consolidate fiscally. But the priority is growth in order to create jobs ... especially for the youth. "The second point we made a good progress here was to fight against tax evasion specially automatically exchange the information. The third one we decided that we would regulate so called shadow banking. The banking sector is regulated and we need to do the so with shadow banking. We found a good consensus we are satisfied with the final communique to which we contributed." Link this Share this Digg this Email Reprints

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