• PBOC: To step up macro policy adjustments

Market news

27 September 2023

PBOC: To step up macro policy adjustments

Following the third-quarter monetary policy meeting, the People’s Bank of China (PBOC) said that they will “step up macro policy adjustments.”

The Chinese central bank said that they will “implement monetary policy in a precise and forceful manner.”

Market reaction

USD/CNY was last seen trading at 7.3100, modestly flat on the day.

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