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“No discussion” of exchange rates at G7 -Kyodo

By Kevin Buckland

TOKYO (Reuters) – There was “no discussion” about exchange rates at a meeting of Group of Seven (G7) finance ministers and central bank chiefs, Japanese Finance Minister Shunichi Suzuki said on Sunday, according to Kyodo News.

Suzuki

Depositors yank another $126 billion from US banks

Depositors drained another $126 billion from US banks during the week ending March 22, according to new Federal Reserve data. This time the outflow came from the nation’s largest institutions.

The biggest 25 banks lost $90 billion on a seasonally

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