Christine Lagarde, managing director of the International Monetary Fund (IMF), speaks during a news conference at the IMF and World Bank Group annual meetings in Nusa Dua, Bali, Indonesia. Photo: Bloomberg

IMF chief Lagarde dismisses idea Beijing is manipulating the yuan as Washington turns up the heat

Christine Lagarde says the yuan’s decline of 10.5 per cent against the greenback since February ‘has a lot to do with the strength of the dollar’

Topic |   China economy

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Christine Lagarde, managing director of the International Monetary Fund (IMF), speaks during a news conference at the IMF and World Bank Group annual meetings in Nusa Dua, Bali, Indonesia. Photo: Bloomberg
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