China FX regulator says to take steps to fend off external financial market shocks

Kitco Media
By Reuters
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Reuters
SHANGHAI, April 7 (Reuters) - China's foreign exchange regulator said it will take steps to fend off external financial market shocks and risks, while maintaining stable operations and a healthy order of the currency market. Pan Gongsheng, head of the State Administration of Foreign Exchange (SAFE), made the remarks at a meeting on Thursday and the regulator published the comments on Friday. (Reporting by Beijing Newsroom; Editing by Muralikumar Anantharaman)

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