PBOC’s Yi: Will keep Yuan exchange rate stable
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People’s Bank of China (PBOC) Yi Gang said in a statement on Friday, “will keep the yuan exchange rate stable.”
“Will keep prices stable.”
“Yuan has become more flexible, help stabilize the economy.”
“Will keep liquidity reasonably ample.“
“Size of central bank’s structural policy tools at an appropriate level, at 6.4 trillion yuan.”
“Will safeguard bottom-line for preventing systemic risks.”
“Will support a healthy development of platform companies.”
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