IMF OFFICIAL SAYS CHINESE YUAN “SUBSTANTIALLY UNDERVALUED”

Pubblicato il 28 luglio 2010 17:29 | Ultimo aggiornamento: 28 luglio 2010 17:29

The IMF is convinced that the Chinese yuan is still very undervalued in spite of Chinese government moves. The IMF Chief of Mission to China, Nigel Chalk said, “The yuan basically remains below the level that would be coherent with medium-term fundamentals” .