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China central bank to keep prices stable, guard against yuan volatility https://t.co/KJb390ITbL
China’s central bank issued another veiled warning on a months-long government bond market rally, underlining its discomfort with decades-low yields that have weighed on the nation’s currency https://t.co/Cs8i88NFp4
⚠️ CHINA'S CENBANK SAYS IT WILL KEEP PRICES STABLE, GUARD AGAINST YUAN OVERSHOOTING RISKS Full Story → https://t.co/3VAdF40HdG China's central bank said on Friday it will precisely and effectively implement its prudent monetary policy, maintain price stability and guard…
China's central bank, PBOC, is focused on maintaining price stability and guarding against yuan volatility. The bank aims to support the real economy and keep the yuan stable, emphasizing the importance of a balanced monetary policy. Analysts note that while there are signals of yuan weakening for export competitiveness, prolonged depreciation is not the goal. The bank also expects a mild increase in CPI by year-end and highlights the need for a price rebound as a key policy consideration.
