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 fundsThere 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.
- To increase monetary policy regulation
- To increase precision of monetary policy
- Will maintain reasonably ample liquidity conditions
- To maintain yuan exchange rate basically stable at a reasonably equilibrium level
- Will 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".
