PBOC statement on the phase 1 trade deal - good for stability

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China says the currency components within the trade deal signed Wednesday in Washington are good for market stability

  • reiterates China will open up its financial industry in an orderly way
I posted earlier on the FX part of the agreement, it adds nothing to what China has already agreed with the G20. 

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