Forex
globalreutersDecember 16, 20241 Mins read
PBOC says will keep yuan exchange rate basically stable
globalreutersDecember 16, 20241 Mins read - Will stabilise market expectation
- Will enhance stability of credit growth
- To utilise a variety of monetary policy tools, cut interest rates and RRR when appropriate
- Will promote internationalisation of yuan in a prudent manner
These are all just some token remarks. The main development in the Chinese yuan was the story from last week here.
This article was written by Justin Low at www.forexlive.com.
Related Articles
GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside
The GBP/USD and EUR/USD are both trading higher on the day, with...
European major indices close mostly lower. Spain’s Ibex rises 0.23%
The major European indices are closing mostly lower a snapshot of the...
Bitcoin rises to yet another new record. High extends to $107,144
Bitcoin rises to get another new record. The high price has reached...
ECB Schnabel: We should proceed with caution remain data dependent
We should proceed with caution and remain data dependent.Price stability is within...
Leave a comment