PBOC: Will use various monetary policy tools flexibly to maintain appropriate liquidity
|By FXStreet 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
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Source:: FX Street