✉news BusinessBanking first seen 10 h ago, last 5 h ago, peak #6
China's central bank says market will set the yuan's exchange rate
Original: China remains committed to letting market play decisive role in determining exchange rate: Central bank
China's central bank, speaking at the State Council Information Office, reaffirmed its commitment to letting the market play the decisive role in determining the country's exchange rate. The statement signals continued official support for exchange rate flexibility, and is being read by markets as reassurance about the yuan's direction amid ongoing attention to China's currency policy.
Why now: Traders and observers are watching Beijing's currency policy closely, making the central bank's reassurance on market-set exchange rates timely.
ChinaPeople's Bank of ChinaState Council Information Officeyuan
Rank over time, top of the chart is #1. 5 snapshots from 10 h ago to 5 h ago.
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- China remains committed to letting market play decisive role in determining exchange rate: Central bank · State Council Information Office
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