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G7 to Make a Special Statement in case of Brexit

Group of Seven finance leaders will issue a statement stressing their readiness to take all necessary steps to calm markets if Britain votes for Brexit, Reuters reports referring to some government officials.

According to the source, Finance authorities of the G7 advanced economies are negotiating a draft of the statement that would be issued shortly after Thursday's referendum results become clear.

The statement will reconfirm an agreement among G7 nations that "excess volatility and disorderly currency moves are undesirable," one of the officials said.

 

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