IMF's Rato calls for 'market value' yuan

International Monetary Fund Managing Director Rodrigo Rato on Sunday 8 January said China should take full advantage of its decision last year to introduce more flexibility to its currency regime.

"A currency that would reflect market value would benefit the efficiency and the flexibility of the Chinese economy," Rato said on the sidelines of informal meetings in Basel late Sunday ahead of a meeting at the Bank for International Settlements.

"At the same time we believe that in the case of Chin

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: