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G77

a.k.a. Group of 77

A coalition of developing countries at the United Nations, founded with 77 members in 1964 and now well…
In plain English

A coalition of developing countries at the United Nations, founded with 77 members in 1964 and now well over 130.

The G77 helps developing nations negotiate together at the UN on economic issues, giving smaller countries more weight as a bloc.

It kept its original name even as membership grew. It is a political forum and does not move currency markets directly.

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