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.
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