China pledges not to do what it's doing in FX market

Published: 11/08/2018
China pledges not to do what it's doing in FX market
Source: GATA.ORG

PBOC Vows No 'Strong' Stimulus, Says Won't Use Yuan in Trade War From Bloomberg News Friday, August 10, 2018 China's central bank said it won't use the yuan as a tool to cope with trade tensions and other external issues, and that it won't conduct any "strong" economic stimulus. The People's Bank of China won't implement stimulus in "flood-irrigation" style, according to the quarterly

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