Ekonomické zprávy
19.07.2024

PBoC pledges to keep the yuan exchange rate basically stable

People's Bank of China (PBoC) pledged on Friday to maintain the prudency of monetary policy and to enrich the monetary policy toolkit.

The Chinese central bank also said that it would keep the yuan exchange rate basically stable.

In addition, the PBoC promised to improve the macroprudential policy framework and systemic financial risk prevention and disposal mechanism. 


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