China central bank to keep liquidity reasonably ample

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, May 15 (Reuters) - China's central bank said on Monday it will keep liquidity reasonably ample and interest rates reasonable and appropriate, reaffirming the current stance. The People's Bank of China will keep yuan exchange rate basically stable, the bank said in its first-quarter monetary policy implementation report. The central bank will monitor marginal changes of goods prices, guide and stabilise social expectations and keep prices basically stable, it said. (Reporting by Beijing newsroom and Kevin Yao, editing by Ed Osmond)

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