PARIS (Reuters) - G20 negotiators are pinning down a deal under which real effective exchange rates and the current account are used in a framework to measure imbalances in the economy, a source involved in the talks told Reuters.
The source said agreement had been reached on a framework of indicators to measure the imbalances, with current account to be broken down into trade balance and transfer payment components.
He did not specify how many indicators would be formally listed by the group after two days of deadlock with China over the inclusion of the current account balance as a yardstick for measuring imbalances.
"There is a deal reached on the indicators," the official said, but did not go into further detail.
