Topic “IMF” — Exporter Magazine
The International Monetary Fund (IMF) has cut its forecast for China’s 2012 economic growth to 8.25 percent from the 9 percent projected in September, and it warned that exports would be a significant drag on expansion in the coming two years, according to ChinaDaily. The International Monetary Fund (IMF) estimates the New Zealand dollar is overvalued by 10% to 25% buts maintains the Kiwi’s free floating exchange rate is appropriate for the country.