Press "Enter" to skip to content

PBOC vows to maintain yuan stable at reasonable level

China is confident in its ability to maintain stability of the yuan's exchange rate at a reasonable and equilibrium level, said Pan Gongsheng, a deputy governor of the People's Bank of China in a commentary released by the central bank on Sunday.

Pan, who is also director of the State Administration of Foreign Exchange, said in an interview with the PBOC-run Financial News.  "In recent years, we . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • 7 * 24 Wire that delivers the earliest possible alerts of market-moving news and tailored insights from China
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly newsletter with Editor's Picks

 

Already have an account? Sign In

Top