People's Bank of China Governor Yi Gang spoke in Bali over the weekend and also gave an interview to Bloomberg
- Yuan is at a "reasonable and equilibrium level", is relatively stable
- yuan volatility is normal
- exchange rate mechanism for the currency allows 2 way fluctuation
- yuan will stay in a reasonable range against the backdrop of an appreciating dollar
- "Economic growth, employment, inflation and the two-way fluctuation of the yuan are within reasonable range"
