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PBoC official says there is a solid foundation to keep yuan exchange rate basically stable

Comments from a People's Bank of China official at this press conference:China's NDRC Vice Chair: macro polices effective, still challenges, striving to hit targetFocused on the yuan: Will pay more attention to changes in yuan exchange rate against a basket of currenciesThere is solid foundation to keep yuan exchange rate basically stableWill resolutely correct one-sided pro-cyclical behavior for yuan exchangeWill resolutely curb disruptions to market order, resolutely guard against exchange rat... Read More

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Pboc

Official

Says

There

Solid

Foundation

Keep

Yuan

Exchange

Basically

Stable

Forex

Posted: Sep 20 2023, 02:33

Author Name: forexlive

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