China aware of need to let yuan rise: IMF
Monday, 26 April 2010
WASHINGTON, April 25 (AFP): China recognises the need to let its currency strengthen against the dollar and other currencies.
There is a "wide range of recognition that strengthening the currency is part of the policies needed to raise private consumption and help introduce a new engine for growth," said Anoop Singh, the head of the IMF's Asia unit.
There is a "wide range of recognition that strengthening the currency is part of the policies needed to raise private consumption and help introduce a new engine for growth," said Anoop Singh, the head of the IMF's Asia unit.