Imf Official Says China's Yuan No Longer Undervalued

BEIJING (AP) — An official of the International Monetary Fund says it believes China's currency is no longer undervalued — a stance that might help Beijing in its wrangling with Washington ove…

Sections:  news   business   
BING NEWS:
  • Yuan Internationalization Drive Hits A Local Speed Bump
    As Chinese leader Xi Jinping works to increase the yuan's role in global trade and finance, he's encountering an unexpected speed bump: mainland com ...
    04/23/2024 - 1:08 am | View Link
  • UPDATE 1-Ghana finance minister expects MoU with bilateral lenders in May
    Ghana's Finance Minister expects a draft Memorandum of Understanding (MoU) from the country's bilateral creditors in May on a restructuring deal, he said on Sunday. The MoU, once signed, would cement ...
    04/21/2024 - 6:14 am | View Link
  • IMF: China’s bonds, stimulus will buoy world’s No 2 economy despite property crisis
    Asia official with Washington-based agency points to the PBOC’s policy moves, as well as China’s infrastructure spending, as economic bellwethers in the face of headwinds.
    04/20/2024 - 2:26 am | View Link
  • Fed's rate-cut foot-dragging grates on global peers at IMF meetings
    But those conditions are now being buffeted by a sudden likelihood of U.S. interest rates staying higher for longer than had been expected as ... was only the latest official to have suddenly turned ...
    04/18/2024 - 7:26 pm | View Link
  • De-dollarization is not working out in China, where businesses are hanging onto their US dollars
    Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, according to IMF data.
    04/17/2024 - 10:10 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News