Dhwani Mehta
28 Apr @ 02:25 (GMT+0)
PBOC Deputy Governor: Impact on China’s forex assets from volatility in US bond markets is limited
The People’s Bank of China ()PBOC) Deputy Governor said in a news conference that the “impact on China’s forex assets from volatility in US bond markets is limited.”
Additional takeaways
- Resilience in China's economy, the forex market will provide support for Yuan stability.
- The central bank will continue to implement an appropriately loose monetary policy, step up support for the economy.
- China will keep the Yuan basically stable.
- The central bank will stabilise market expectations on the Yuan and resolutely deal with market-distorting behaviors.
Forex News
Keep up with the financial markets, know what's happening and what is affecting the markets with our latest market updates. Analyze market movers, trends and build your trading strategies accordingly.
