The policy-setting body of the International Monetary Fund on Friday called for the "clear communication" of monetary policy amid increasing exchange rate volatility, as many central banks rush to raise interest rates to tackle high inflation. The call came as the U.S. dollar has been strengthening against the yen and other major currencies on the back of the U.S. Federal Reserve's aggressive monetary tightening. The reference to currency movements was included in a statement issued by the chair of the International Monetary and Financial Committee following the body's meeting in Washington. D...
