WASHINGTON, Oct 6 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Wednesday emerging market economies were hurting their trading partners by resisting movement toward more flexible exchange rates.
"The main problem today is you have a set of emerging economies that both remain undervalued and are leaning heavily against appreciation," he said in response to a question after a speech at the Brookings Institution.
"That's not a viable strategy for them, it's not a sustainable strategy for their trading partners, for the countries they compete with, and it's not good for the system as a whole," he said. (Reporting by Mark Felsenthal; Editing by James Dalgleish)