China’s SAFE: Monetary policy to further improve cross-cyclical adjustments
|An official at China’s State Administration of Foreign Exchange (SAFE) is making some comments on the monetary policy and liquidity provision.
Key quotes
Monetary policy to further improve cross-cyclical adjustments, and maintain stable and moderate credit development.
Will keep liquidity reasonably ample.
Will avoid flood-like stimulus, keep prices stable.
Cross-border capital flows in china generally stable, domestic foreign exchange supply and demand remain balanced.
Related reads
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.