China central bank says will maintain prudent, neutral monetary policy

The People’s Bank of China will continue with interest rate and exchange rate reform while keeping the yuan basically stable.

BEIJING: China’s central bank on Saturday said it will maintain prudent and neutral monetary policy and use multiple monetary policy tools to keep liquidity basically stable.

The People’s Bank of China will continue with interest rate and exchange rate reform while keeping the yuan basically stable, the bank said in comments on its website following a quarterly meeting of its monetary policy committee.

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Sumber China central bank says will maintain prudent, neutral monetary policy