China central financial institution guarantees to maintain yuan change fee steady


© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017.     REUTERS/Thomas White/Illustration/File Photo

BEIJING (Reuters) – China will firmly stop overshooting dangers of the yuan change fee and preserve the speed mainly steady, its central financial institution mentioned on Friday, state media reported.

The Folks’s Financial institution of China will improve treasury bond shopping for and promoting operations, and supply a sound liquidity atmosphere for presidency bond issuance, CCTV quoted the Financial institution as saying.

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