DURBAN, South Africa, July 18, 2025 (BSS/AFP) - G20 nations said Friday the independence of central banks was crucial to achieving price stability in the face of geopolitical and trade tensions.

"Central banks are strongly committed to ensuring price stability, consistent with their respective mandates, and will continue to adjust their policies in a data-dependent manner," the grouping said in a joint declaration after finance ministers' meeting in South Africa, which holds the rotating presidency of the bloc.