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There is "no evidence" Chinese authorities have been intervening to move the exchange rate of the yuan, an International Monetary Fund official said Tuesday. The comments by IMF chief economist Maury Obstfeld came after U.S. President Donald Trump accused China and the European Union of keeping their currencies artificially weak to make their exports more competitive.Obstfeld earlier released an IMF report saying the excess trade surpluses and deficits in key economies like Germany and China could exacerbate growing trade tensions.
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