IMF's Chalk Interview on China Monetary Policy, Yuan

July 30 (Bloomberg) -- Nigel Chalk, the International Monetary Fund's mission chief to China, talks with Bloomberg's Susan Li about the outlook for the country's currency and central bank monetary policy. People’s Bank of China officials said "that with a benign inflation outlook there was less need for higher nominal interest rates at this point," the IMF said in a statement yesterday after annual consultations with the Chinese government. (Source: Bloomberg)