Currency war?

Sergey Aleksashenko – Higher School of Economics

Today our guest is Sergey Aleksashenko. Finance ministers of the G20 countries have reached an agreement not to devalue their currencies. Some say this may have saved the world from what has been called currency wars. Experts fear it could cause chaos on the global markets. But is the danger really gone? We ask the director of the Macroeconomic Research Department at the Moscow Higher School of Economics, Sergey Aleksashenko.