Monday 12 November 2018
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todayonline - 1 month ago

IMF Lagarde urges China to keep moving toward flexible yuan system

NUSA DUA, Indonesial - International Monetary Fund Managing Director Christine Lagarde said on Thursday she hopes China follows through on the IMF s recommendation to continue moving towards a system that allows the yuan to move flexibly. We re seeing more and more countries, China included, let their currencies fluctuate, Lagarde told a news conference. We have supported the move of China towards (currency) flexibility, she said, adding that the IMF has encouraged Chinese au

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