(Reuters) - WASHINGTON, May 23 - The head of China's central
bank said on Wednesday that China plans to stick to a policy of
increasing the flexibility of its yuan currency only
gradually.
"We're also following the three principles to further
increase the flexibility of the yuan's exchange rate," People's
Bank of China governor Zhou Xiaochuan told reporters, repeating
China's longstanding position that it will exercise
self-initiative, gradualism and control in reforming the yuan
exchange rate.
Read more at Reuters.com Bonds News
bank said on Wednesday that China plans to stick to a policy of
increasing the flexibility of its yuan currency only
gradually.
"We're also following the three principles to further
increase the flexibility of the yuan's exchange rate," People's
Bank of China governor Zhou Xiaochuan told reporters, repeating
China's longstanding position that it will exercise
self-initiative, gradualism and control in reforming the yuan
exchange rate.
Read more at Reuters.com Bonds News
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