• PBOC’s Yi: Will keep Yuan exchange rate stable

Market news

3 March 2023

PBOC’s Yi: Will keep Yuan exchange rate stable

People's Bank of China (PBOC) Yi Gang said in a statement on Friday, “will keep the yuan exchange rate stable.”

Additional quotes

“Will keep prices stable.”

“Yuan has become more flexible, help stabilize the economy.”

“Will keep liquidity reasonably ample.“

“Size of central bank's structural policy tools at an appropriate level, at 6.4 trillion yuan.”

“Will safeguard bottom-line for preventing systemic risks.”

“Will support a healthy development of platform companies.”

“Will resolve financial risks in key sectors.”

“Will lower financing costs, keep interest rates at appropriate.”

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