Home / Top News

IMF official: RMB exchange rate appreciating

China Daily | Updated: 2015-04-19 10:41

Chinese currency ismoving toward equilibrium while China's external position is strengthening, an IMF official said in Washington on Friday.

The real effective renminbi exchange rate appreciated bymore than 10 percent in the past six months, and the currency is heading toward equilibrium, said Markus Rodlauer, deputy director of the Asia and Pacific Department of the International Monetary Fund.

The IMF will carefully assess the valuation of the currency in its coming review, Rodlauer said at a news conference at the ongoing World Bank/IMF spring meetings.

IMF official: RMB exchange rate appreciating

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349