A key European Union lawmaker said on Thursday the Group of Seven industrial nations need to send a clear message to financial markets that they are ready to act in unison to avoid excessive currency volatility.
Christa Randzio-Plath, chair of the European Parliament's influential Economic and Monetary Affairs Committee, urged G7 finance ministers, who will meet in Boca Raton, Florida on February 6-7, to take clear decisions.
"This dialogue must result in concrete decisions and specific actions aimed at finding a solution," she said in a statement.