FX Expert Funded

PBOC says will continue with supportive monetary policy

To increase monetary policy regulationTo increase precision of monetary policyWill maintain reasonably ample liquidity conditionsTo maintain yuan exchange rate basically stable at a reasonably equilibrium levelWill continue to enrich monetary policy toolkit to improve efficient use of funds

There isn’t anything new there in the language since their shift from more “prudent” monetary policy to now being more “supportive”.

This article was written by Justin Low at www.forexlive.com.

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