PBOC to keep Yuan stable

FXStreet (Mumbai) – The People’s Bank of China (PBOC), in their Q3 statement released today, vowed to keep Yuan stable.

Key Points

TO keep prudent monetary policy stance and sha;; closely monitor changes in international capital flow.

Multiple policy tools to be used in a flexible way. The current situation is complex.

Sees more positive signs from US economy and more difficulties facing emerging economies.

The People’s Bank of China (PBOC), in their Q3 statement released today, vowed to keep Yuan stable.

(Market News Provided by FXstreet)