CHINA: IMF CLOSE TO ASSESS yuan as “reasonable valuation” – WSJ – Dagens Industri

CHINA: IMF CLOSE TO ASSESS yuan as “reasonable valuation” – WSJ

                  2015-05-04 05:39
             

 STOCKHOLM (AFX) International Monetary Fund is about to explain the Chinese yuan as "fair valued" for the first time in more than a decade.
  It reports the Wall Street Journal nätutgåva.
  Fund revaluation of the yuan is expected to come officially in an IMF report on China's economy in the coming months. The Wall Street Journal notes that it would be a milestone in China's efforts to open up the economy, and it would also blunt the US criticism of China's currency policy. 

Macro Editor +46 8 5191 7931, http: // twitter.com/makroredaktion
Direkt