Full-Blown Currency War Can No Longer Be Ruled Out, Pimco Says
A bank official re-sets figures on a board showing international currency exchange rates at a bank in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

Full-Blown Currency War Can No Longer Be Ruled Out, Pimco Says

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(Bloomberg) -- A full-blown currency war where major central banks and governments, including the U.S., deliberately weaken their currencies can no longer be ruled out, Pacific Investment Managemen...
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