Story perspectives
PBOC Rejects IMF Yuan Undervaluation as 2027 Data Reporting Looms
By Drooid · · How we work
1 of 1
Story summary
- People's Bank of China says it has never pursued competitive currency depreciation.
- People's Bank of China will start reporting foreign-exchange data to the IMF from 2027.
- International Monetary Fund (IMF) estimated the yuan was 12%-20% undervalued in 2025, which the PBOC rejected.
- German Chancellor Friedrich Merz claimed the yuan is undervalued by 25%-30%.
- Offshore yuan hovered near 6.7 per dollar, up 23% since 2005.
