IMF official says 'no evidence' China manipulating currency

Even though there have been some currency movements recently, "there is no evidence of manipulation," IMF chief conomist Maury Obstfeld said.

IMF official says 'no evidence' China manipulating currency

World Bulletin / News Desk

There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund official said Tuesday.

He noted in an interview on CNBC that a US Treasury report that looks at currency manipulation "came to the same conclusion."

Last Mod: 24 Temmuz 2018, 18:08
Add Comment