PBOC to keep Yuan stable

FXStreet (Mumbai) - The People’s Bank of China (PBOC), in their Q3 statement released today, vowed to keep Yuan stable.

Key Points

TO keep prudent monetary policy stance and sha;; closely monitor changes in international capital flow.

Multiple policy tools to be used in a flexible way. The current situation is complex.

Sees more positive signs from US economy and more difficulties facing emerging economies.