PBOC says to continue to implement prudent monetary policy accurately

  • To maintain reasonable and sufficient liquidity
  • To effectively prevent and fend off financial risks in key areas
  • To maintain stable operation of foreign exchange market
  • Will strengthen and improve provision of foreign exchange policy

This is just a timely reminder for markets that Chinese authorities are continuing to keep a watchful eye on things at the moment and that they are going to keep up measures to prop up the economy.

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

PBOC says to continue to implement prudent monetary policy accurately

  • To maintain reasonable and sufficient liquidity
  • To effectively prevent and fend off financial risks in key areas
  • To maintain stable operation of foreign exchange market
  • Will strengthen and improve provision of foreign exchange policy

This is just a timely reminder for markets that Chinese authorities are continuing to keep a watchful eye on things at the moment and that they are going to keep up measures to prop up the economy.

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