IMF denies pressing China for more currency data

BEIJING - The International Monetary Fund (IMF) on Tuesday denied a media report that it had asked China for more data on currency operations, saying China had disclosed data properly.

"China subscribed to the Special Data Dissemination Standard (SDDS) at the end of 2015 and is disseminating its data accordingly," said a statement by an IMF spokesperson.

"The Fund has not asked for any additional information," the statement added, stressing Chinese authorities and IMF staff are in close dialogue.

The statement came in response to a report carried by Wall Street Journal, which cited "people familiar with the matter" as saying the IMF is calling on the Chinese central bank to release more data on its holdings of derivatives such as forwards.