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Tag: Guoqiang

PBOC official vows to fend off RMB\’s sharp ups, downs

wangxiao07/14/20230

BEIJING, July 14 (Xinhua) — China\’s cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB),

PBOC official expects China\’s CPI close to 1 pct at year end

wangxiao07/14/20230

BEIJING, July 14 (Xinhua) — China\’s consumer price index (CPI) will see a U-shaped trajectory this year and will be close to 1 percent at the end of 2023, a central bank official said on Friday.
Liu

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