Forex

China to keep yuan stable, says central bank governor By Reuters


© Reuters. Taiwan central bank Governor Yang Chin-long gestures as he answers questions from lawmakers at the Legislative Yuan in Taipei, Taiwan November 3, 2022. REUTERS/Annabelle Chih

HONG KONG (Reuters) – China will keep the yuan currency stable and increase flexibility of the yuan exchange rate, the central bank governor said on Thursday.

Yi Gang, governor of the People’s Bank of China (PBOC), also said it is necessary to deepen financial reform and strengthen and improve modern financial supervision, according to a statement from the PBOC.



Source link

Reuters
Reuters

Related articles

If You Suppose This Is A Wholesome Market Rotation, Suppose Once more

This text was written byComply withMichael Kramer is the founding father of Mott Capital, and is a long-only investor who focuses on macro themes and research developments and choices actions to establish and...

XAU/USD: Elliott wave evaluation and forecast for 13.02.26–20.02.26

2026.02.13 ...

BNB Chain Expands With $1B Fund Entry Whereas BNB Value Nears Essential Assist

BNB Chain is stepping up its ecosystem enlargement efforts at the same time as the value of BNB hovers close to a key long-term assist zone. Whereas the community reported robust progress in...

In case you’ve ever pretended to textual content to keep away from small speak, psychology says you share these 8 traits with probably the...

Add Silicon Canals to your Google Information feed. Ever caught your self pulling out your cellphone and staring intently on the display simply to dodge that awkward elevator dialog? Or possibly you’ve out...

SLB wins built-in drilling contracts for Indonesia’s Tangkulo deepwater improvement

(WO) - SLB has been awarded a number of offshore drilling and nicely companies contracts by Mubadala Power for the Tangkulo deepwater gasoline improvement and related exploration and appraisal program within the Andaman...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

© Copyright - Premium Alpha

WP2Social Auto Publish Powered By : XYZScripts.com