SYDNEY: Reserve Bank of Australia chief Glenn Stevens on Friday joined calls for China to strengthen the yuan, saying it would be beneficial to the global economy if there was more flexibility.
The central bank governor said the matter had been raised in private discussions with Chinese officials.
"In my opinion, in any objective gauge, the Chinese currency should be higher than it is today," he told a House of Representatives economics committee.
"There is no shortage of people telling the Chinese authorities that."
The Economic Times
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