IMF Says Yuan Is Now Fairly Valued


IMF Says Yuan Is Now Fairly Valued
BY MARK MAGNIER AND WILLIAM KAZER
The Wall Street Journal Europe
May 27 2015

BEIJING—China’s currency is no longer undervalued, given recent appreciation, but the government should more quickly loosen its controls on the exchange rate, a senior International Monetary Fund official said Tuesday. Speaking at the conclusion of an…read more…

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