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China won't see negative interest rate, too far – PBOC’s Yi

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Comments from PBOC’s Deputy Governor Yi Gang crossing the wires via MNI:

    China won't see negative interest rate, too far

    China’s forex reserves are stable

    China has ample forex reserves

    Yuan volatility smallest among major currencies

    Cross border capital flows in normal range

    Yuan expectations will normalize

    China's economic fundamentals are sound

    Some yuan volatility helps to release mkt pressure
    For more information, read our latest forex news.

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