Nation remains firm on renminbi

ISTANBUL: China will stick to its current exchange rate policy and aim to maintain market stability, Yi Gang, a central bank official, said on Saturday.

"Our exchange rate policy is very clear," the deputy central bank governor said on the sidelines of an International Monetary Fund (IMF) meeting in Turkey.

Asked whether China had been facing more pressure from other countries to let the yuan appreciate, he said: "We will continue our policy setting."