| End-of-day quote Chicago Board Of Trade 19:19:55 16/07/2024 BST | 5-day change | 1st Jan Change | ||
| 14.46 USD | -1.67% |
|
-15.49% | -16.47% |
| 07-16 | Indian farmers rush to plant summer crops as monsoon revives | RE |
| 07-12 | ASIA RICE-Vietnam, Thai rates dip as eyes turn to India rice export policy | RE |
WASHINGTON (Reuters) - China needs to give more clarity on its exchange rate policy, an IMF spokesman said on Thursday.
"More clarity and communication around the exchange rate regime would be useful," International Monetary Fund spokesman Gerry Rice told a regular news briefing.
He said that while China's rebalancing of its economy has been bumpy, the IMF's view of the country's economic fundamentals remains unchanged.
If Beijing's own growth target slips, however, the IMF would recommend fiscal stimulus, he said.
(Reporting by Lindsay Dunsmuir; Editing by Meredith Mazzilli)
