Event:
G20 finance ministers focus on the so-named "currency wars" during their meeting in Moscow, Russia
More Notable Events on February 16:
1997 At age 25, Jeff Gordon is youngest winner in Daytona 500 history
1988 1st documented combat action by U.S. military advisors in El Salvador
1932 1st patent issued for a tree, to James Markham for a peach tree
1887 1st newspaper convention in Rochester, New York
1878 Silver dollar became U.S. legal tender