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Will keep monetary policy flexible, neither too tight nor too loose - PBOC

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The Chinese central bank, the PBOC, noted the following at its Q4 monetary policy meeting held earlier today:

    Will maintain prudent monetary policy

    Will keep monetary policy flexible, neither too tight nor too loose

    Will flexibly use various monetary policy tools to maintain appropriate liquidity

    To realise reasonable growth in social financing, money supply and credit

    Will lower social financing cost

    To lower funding costs in the economy

    Yuan remains within reasonable range

    Cannot underestimate complexities facing china's economy
    For more information, read our latest forex news.
     

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