Yuan will stabilize: Central bank chief
By Wang Yanfei | chinadaily.com.cn | Updated: 2017-03-10 11:14
 |
|
People's Bank of China Governor Zhou Xiaochuan speaks at a news conference in Beijing, March 10, 2017. [Photo/Xinhua] |
China's central bank governor said the yuan's exchange rate will naturally stabilize as the country's strong economic fundamentals remain in place.
People's Bank of China Governor Zhou Xiaochuan said on Friday that the fluctuation in the forex market is quite normal and the market should not read too much into the changes.
Zhou said the central bank will enhance regulation of forex market in the future.
Related Stories
- Market expectations stable for RMB exchange rate: Central bank official
- RMB Exchange Rate Fluctuations: Influencing Factors and Development Momentum(Special Issue, No.1, 2017)
- Stricter financial supervision needed before exchange rate flows freely
- Yuan exchange rate hits 6-year low amid volatility of other currencies
Most Viewed in 24 Hours
