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PBOC Governor Pan: Will continue to implement supportive monetary policy

FXStreetNov 7, 2024 5:44 AM

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People's Bank of China (PBOC) Governor Pan Gongsheng gave foreign financial institutions an in-depth explanation of China's current monetary policy stance, and considerations related to the adjustment of the monetary policy framework on Thursday.

Key quotes

Will continue to implement supportive monetary policy.
Will strengthen communication with markets.
Will steadily promote opening up of China's financial services industry and financial markets.
Will promote the sustained economic recovery.

Reviewed byTony

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