MOSCOW, Oct 30 (Reuters) - The dollar is unlikely to be a major topic at next week's meeting of G20 finance ministers as the United States seems uncomfortable with discussing the topic in such a large group, a Russian delegation source told Reuters.
The dollar has sunk to its lowest levels versus the euro in
over a year
This has prompted some concerns -- including in Russia -- that export competitiveness could be hurt, potentially threatening a fragile economic recovery from the recession.
"There are no plans (to discuss dollar weakness)," the source said on Friday. "I am not at all sure the Americans would be ready to discuss this topic in this format. So far the only format in which they are ready to discuss it is the G7."
The dollar is also not on the agenda for a meeting of deputy finance ministers from the Brazil, Russia, India and China (BRIC) grouping of major emerging economies on the sidelines of the G20, the source added.
Instead, the G20 ministers meeting in St Andrews, Scotland, will discuss reform of international financial institutions such as the World Bank, financial regulation, and the strategy for unwinding anti-crisis measures in the global economy.
"When and how to launch exit strategies (will be discussed), and how to carry out coordination -- in the framework of the G20 or in some other format," the source said. (Reporting by Toni Vorobyova; editing by Chris Pizzey)