IMF President: Renminbi still undervalued

Source: Internet
Author: User
Keywords RMB Strauss
Tags economy financial forum international monetary world world economy
On the morning of January 20, the International Monetary Fund's president, Dominique-Kahn, said in Hong Kong today that with the rise of China's economy, the renminbi will play a more important role in the future, but its value is still undervalued. Dominique-Kahn, the IMF's president, said in Hong Kong's Asian Financial Forum today that the appreciation of the renminbi is an inevitable trend as China's economy grows and the future plays a more important role in the world economy. Strauss-Kahn said: "The RMB is e.g. undervalued." (the renminbi is still undervalued.) ) "(Yuet from Hong Kong)
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