China has allowed the publication of an International Monetary Fund (IMF) staff report for the first time since 2006. China had previously blocked the annual report's release because it objected to the IMF's view that its currency, the yuan, needed to be a lot stronger. The report contained some criticism, saying "several directors agreed that the exchange rate is undervalued", but added that others disagreed. However, it has been suggested that the report has been toned down.The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).
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