U.S. opposes massive liquidity IMF boost - Mnuchin

WASHINGTON (Reuters) - The United States opposes creation of liquidity through issuance of the International Monetary Fund's Special Drawing Rights (SDRs) as part of the response to the coronavirus pandemic, U.S. Treasury Secretary Steven Mnuchin said on Thursday.In a statement to the IMF's steering committee, Mnuchin said 70% of the funds created through an SDR allocation, something akin to a central bank "printing" new money, would go to G20 countries, most of whom did not need it, while only..