China's yuan may come into the International Monetary Fund's benchmark currency basket at a lower weighting than the 14 to 16 % range estimated by economists, people briefed on the Fund's discussions told Reuters.
A weaker currency gives a tangible boost to exports despite the rise of global supply chains blurring the country of origin of many products, according to research published by the International Monetary Fund on Monday.
A rise in market expectations for U.S. interest rates as the Federal Reserve starts to normalize policy could cut capital inflows to emerging markets by as much as 45%, World Bank economists said in a paper published on Tuesday.
