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The official said there was no evidence that Chinese authorities moved the currency exchange rate of the Yuan.Washington: There is no proof Chinese authorities have been intervening to move the exchange rate of the yuan, a senior International Monetary Fund authorities stated Tuesday.Even though there have actually been some currency movements recently, there is no proof of manipulation, IMF chief conomist Maury Obstfeld said.He kept in mind in an interview on CNBC that a United States Treasury report that takes a look at currency manipulation came to the exact same conclusion.

(This story has actually not been modified by TheIndianSubcontinent personnel and is auto-generated from a syndicated feed.)





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