BEIJING, July 7 (Xinhua): China's central bank said on Monday that it will try to keep the rinminbi exchange rate largely stable in equilibrium.
The People's Bank of China (PBoC) made the remarks in a statement released after a quarterly meeting, during which the central bank discussed the current economic situation in China and abroad.
The PBoC said it will advance market-oriented interest rate reform and deepen reform in rinminbi exchange rate formulation, according to the statement.
PBoC to keep RMB stable
FE Team | Published: July 08, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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