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Trevor Manuel, South Africa's National Planning Minister, speaks during a joint news conference as part of the G20 Finance Ministers and Central Bank Governors meeting in Busan June 4, 2010. / Credit: Reuters/Nicky Loh
(Reuters) - India favours emerging economies jointly putting forward a candidate to head the International Monetary Fund, even if their bid is ultimately unsuccessful, two Indian finance ministry sources said on Monday.
Asia's third-largest economy is working behind the scenes with other emerging economies to build consensus behind one candidate, the sources, who declined to be named, told Reuters.
Former South African Finance Minister Trevor Manuel could emerge as the choice of the group, one of the sources said.
India has not made public its position on who should head the fund.
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