Central bank signals greater exchange rate stability
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
The central bank (PBoC) is preparing to clamp down on currency volatility. In the PBoC’s Q1 Monetary Policy Report, published May 11, the PBoC said it would:
“Create a stable exchange rate environment for the real economy”
That’s not unusual.
The PBoC first used that wording in its Q4 2024 report...