The Traderszone Network

Published in TZ Latest News 27 November, 2016 by The TZ Newswire Staff

PBOC deputy: Yuan exchange rate to be basically stable

PBOC Deputy Governor Yu Gang spoke on CCTV on the weekend
– Despite the Yuan’s decline against the dollar, it has appreciated against some major currencies
– Economy growing steadily with proactive fiscal policy and prudent monetary policy
It doesn’t look so stable at the moment.