Wednesday, 20 June 2007

Paulson: IMF relevance depends on forex monitoring

(Reuters) - The new IMF rules, announced on Monday, more clearly spell
out signs of foreign exchange misalignment and add a new
principle directing member nations to avoid policies that
create instability in other countries.




Paulson said earlier he believes the changes would aid
efforts to persuade China to adopt more flexibility in its yuan
exchange valuation.


Read more at Reuters.com Government Filings News

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