• People's Bank of China (PBoC) says to maintain prudent monetary policy

Market news

15 April 2019

People's Bank of China (PBoC) says to maintain prudent monetary policy

  • Yuan exchange rate is stable overall

  • Expectation of the financial market has improved

  • Central bank to strike a balance in prudent monetary policy

  • Will keep monetary policy not too tight nor too loose

  • Will not implement flood-like stimulus

  • Will fend off systemic financial risks

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