People's Bank of China Deputy Governor Yi Gang. Photo: Reuters, Aly Song
People's Bank of China Deputy Governor Yi Gang. Photo: Reuters, Aly Song
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Renminbi exchange rate policy will not change: PBoC

In an interview Monday, deputy governor for China's central bank, Yi Gang, said that China's exchange rate policy will maintain a floating currency.

March 7, 2017 1:31 AM (UTC+8)

In an interview with China Securities News on Monday, deputy governor for China’s central bank, Yi Gang, said that China’s exchange rate policy will continue to be based on supply and demand. He added that China will maintain market oriented exchange rate reforms and ensure the currency’s stable position in the international monetary system.

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