PBOC Governor Pan: China is willing to deepen financial cooperation with other countries

Market news

27 March 2024

PBOC Governor Pan: China is willing to deepen financial cooperation with other countries

“China is willing to deepen financial cooperation with other countries,” People’s Bank of China (PBOC) Governor Pan Gongsheng told the annual gathering of the Boao Forum for Asia on Wednesday.

Further comments

Asian countries should push forward reforms at the International Monetary Fund (IMF)

Bilateral currency swaps help enhance financial safety nets.

Market reaction

AUD/USD is currently trading close to intraday lows of 0.6511, down 0.17% on the day.

USD/CAD could test 1.3600 amid lower Crude oil prices, risk-off sentiment

Japan’s Suzuki: Won't rule out any steps including “decisive steps” to respond to disorderly FX moves

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