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PBOC’s Yi: We don't want to see a severe overshoot in the yuan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Chinese central bank’s (PBOC) deputy governor Yi Gang said earlier on the day that the central bank doesn’t wish big yuan overshoot.

    Key Quotes:

    We don't want to see a severe overshoot in the yuan

    I'm pretty confident that we are going to have between 6.5-7 pct growth this year
    For more information, read our latest forex news.
     

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