China’s currency isn’t undervalued despite this week’s decline against the U.S. dollar, but the world’s second-largest economy still needs to adopt a fully market-based exchange-rate system within three years, the International Monetary Fund said.
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Fri, 08/14/2015 - 9:21pm
China’s currency isn’t undervalued despite this week’s decline against the U.S. dollar, but the world’s second-largest economy still needs to adopt a fully market-based exchange-rate system within three years, the International Monetary Fund said.