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PBOC: Will use various monetary policy tools flexibly to maintain appropriate liquidity

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Headlines crossing the wires via Reuters from the Chinese central bank, PBOC, are as follows:

    To maintain prudent monetary policy, neither too tight nor too loose

    Will use various monetary policy tools flexibly to maintain appropriate liquidity

    Will achieve reasonable growth in credit and social financing

    To keep Yuan basically stable

    To continue with interest rate, exchange rate reform

    There are increasing potential risks in global financial markets

    Raise ratio of direct financing, lower social financing costs
    For more information, read our latest forex news.
     

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