- Chinese Premier Li Keqiang: there is no basis for the further yuan devaluation
Market news
26 August 2015
Chinese Premier Li Keqiang: there is no basis for the further yuan devaluation
Chinese Premier Li Keqiang said on Tuesday that there is no basis for the further yuan devaluation.
"Currently, there is no basis for continued depreciation in the renminbi (yuan), which is able to stay at a reasonable and balanced level," he said.
Li added that the Chinese government could achieve main economic targets for this year.
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