People's Bank of China Governor Zhou Xiaochuan: there is no need to depreciate the yuan

Market news

15 February 2016

People's Bank of China Governor Zhou Xiaochuan: there is no need to depreciate the yuan

The People's Bank of China (PBoC) Governor Zhou Xiaochuan said in an interview with Caixin over the weekend that there is no need to depreciate the yuan. He also said that China would not tighten capital controls.

Bundesbank downgrades its inflation forecasts

European Central Bank is discussing with the Italian government about buying bad loans from Italian banks

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