Wednesday , 13 November 2024
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PBOC governor will maintain yuan exchange rate at a reasonable, balanced level

  • Will step up countercyclical adjustment
  • Should resolutely guard against the risk of exchange rate overshoot
  • To strengthen financial oversight oversight comprehensively to prevent systemic risks
  • Will strengthen consistency of macroeconomic policies to form synergy between monetary and financial policies

This article was written by Justin Low at www.forexlive.com.

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