You are here

China should allow more flexibility in exchange rate policy, says IMF

It needs reforms that reorient the economy away from reliance on real estate, heavy industry, external demand
Friday, May 8, 2015 - 05:50

Singapore

CHINA should allow greater flexibility in its exchange rate policy by reducing intervention, as part of its efforts to secure a gradual moderation in growth while pursuing economic reforms, the International Monetary Fund (IMF) said on Thursday.

"To help deliver durable

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom