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Bernanke rejects competitive devaluation worries

Federal Reserve Board Chairman Ben Bernanke listens during a news conference at the Federal Reserve headquarters March 20, 2013 in Washington, DC. Bernanke on Monday rejected worries that the world's leading economies were competitively cutting their currUS Federal Reserve Chairman Ben Bernanke on Monday rejected worries that the world's troubled large economies were competitively cutting their currency values and hurting smaller, healthier ones in the process.