Financial risks in key areas are being resolved, says PBOC's chief

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Why has China's central bank introduced a new cash management tool?

China will also maintain the basic stability of the yuan exchange rate at a reasonable and balanced level, he added.

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Category: BusinessFinance

Markets: IndiaChina

Topics: China growth rate China economy People's bank of China China central bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-24 @ 22:50:52 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 252 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22241474

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 147 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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