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PBOC says will maintain prudent monetary policy

PBOC says will maintain prudent monetary policy

Central Banks
Justin Low
21/02/2019 | 11:55 GMT

Comments by China's central bank in a quarterly report

  • Will keep yuan basically stable
  • To strengthen counter-cyclical adjustments
  • Will keep liquidity ample and at reasonable levels

This isn't anything new here from the central bank after they made a change in December to drop the wording of "neutral" in their monetary policy description. Very much the same old message as what we heard back then as well.

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