China's c.bank has ample tools to keep the yuan stable - state media
- Country:
- China
China's central bank has ample tools to manage the currency and has the ability and confidence to keep the yuan exchange rate basically stable, state-owned media said on Thursday.
Financial News, a publication run by the People's Bank of China, said the central bank will correct one-sided activities and deal with behavior that could disrupt market orders, according to a commentary published on its official WeChat account.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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