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PBOC Reiterates Will Prevent Large Fluctuations In FX Rates

CHINA
  • CHINA CENTRAL BANK: WILL DEEPEN FOREX MARKET REFORM
    • WILL INCREASE YUAN FLEXIBILITY
    • WILL FURTHER ENHANCE DEPTH AND BREADTH OF THE CURRENCY MARKET
    • WILL RESOLUTELY CURB BIG FLUCTUATIONS OF EXCHANGE RATE
    • WILL KEEP YUAN BASICALLY STABLE (Reuters)

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