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China's central bank reaffirms to keep liquidity reasonably ample

China's central bank reaffirms to keep liquidity reasonably ample
Prudent monetary policy will be precise and forcefulWill keep yuan exchange rate basically stableWill keep interest rates reasonable, appropriateThe language is little changed as monetary policy is still referred to as being "prudent" and that they will maintain liquidity conditions as being "reasonably ample". This just reaffirms support to bolster the economic recovery, alongside the deposit rate cuts last week here. This article was written by Justin Low at www.forexlive.com... Read More
Posted: May 15 2023, 09:07
Author Name: forexlive
Views: 081738

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