G20 ministers resist US trade pressure

Finance ministers from the world's twenty richest nations have begun meeting in South Korea, with the ongoing debate about currency manipulation expected to dominate discussions.

The UK's Chancellor, George Osborne and United States Treasury Secretary Timothy Geithner, together with their counterparts from China, India and Japan are meeting to lay the groundwork for the G20 summit next month.

Ian Stannard is a senior currency strategist at BNP Paribas. He told the BBC that he expects a loose framework to be agreed in order to reduce trade imbalances.

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