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Central bank to keep prudent monetary policy

CCTV.com

10-01-2016 00:15 BJT

China's central bank will maintain prudent monetary policy. That's according to a report released after the People's Bank of China's quarterly monetary policy committee meeting.

The central bank says it will use multiple monetary policy tools and maintain flexible monetary policies. The report also says the central bank will continue with interest rate and exchange rate reforms and keep the yuan basically stable.

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